IMF Says No `Silver Bullet' to Help Curb Strength of South Africa's Rand

There is no “silver bullet” for addressing the strength of South Africa’s rand, Abebe Selassi, the International Monetary Fund’s division chief for Africa, told lawmakers in Cape Town today.

To contact the reporter on this story: Mike Cohen in Cape Town at mcohen21@bloomberg.net

To contact the editor responsible for this story: Vernon Wessels at vwessels@bloomberg.net

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