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View Full Version : South Africa Central Bank 'More Active' in Market, ETM Says - Bloomberg



NewsWhore
03-14-2012, 07:10 AM
South Africa Central Bank 'More Active' in Market, ETM Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHuAG96P4eGPlQbnvplN-xXbv2ZBg&url=http://www.bloomberg.com/news/2012-03-14/south-africa-central-bank-more-active-in-market-etm-says-1-.html)
Bloomberg
The Reserve Bank adds to its foreign-exchange reserves “as and when appropriate,” though it doesn't target a level for the rand and won't sell dollars to defend the currency, Governor Gill Marcus said in October. The bank's mandate is to keep inflation ...

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