The Reserve Bank reaffirmed its policy stance on Tuesday, with governor Lesetja Kganyago saying it remains focused on anchoring inflation at the midpoint of the 3%-6% target range, but currency weakness, more debt, lower capital flows and “less co-operation” from fiscal authorities make this difficult.

Kganyago was speaking at the release of the monetary policy review, which provides a detailed analysis of the domestic and global macro issues that underpin the deliberations and policy positions of the monetary policy committee...

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