Economics

S. Africa Central Bank Governor Sees Room to Keep Rates Low

  • Risks to inflation outlook remain balanced, Kganyago says
  • South Africa must hasten reforms to boost economic recovery
SARB’s Kganyago Sees Room to Keep Rates Low
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South Africa’s central bank is likely to maintain its accommodative monetary policy stance to support the economy for as long as it has room to do so, according to Governor Lesetja Kganyago.