South Africa: Central Bank To Keep Rates On Hold?

October 2007
Emerging Markets Monitor;10/22/2007, Vol. 13 Issue 28, p21
Country Report
Country Report
The article reports on the likelihood that a potential slowdown in consumer spending is going to be a key factor in determining the South African Reserve Bank's (SARB) interest rate decision in December 2007. While "Business Monitor International" currently believes that the bank is more likely to keep interest rates on hold, it acknowledges that there remains upside risks to inflation going forward.


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