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South African Reserve Bank Keeps 5.0% Repo Rate

Forex News

This post by larrygreenberg has been reprinted from Currency Thoughts.

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After sifting through a complexity of cross-currents, the Monetary Policy Committee called the current stance “appropriately accommodative.  Note was made in a newly released statement that Growth is weak, and its outlook is fragile. The current account is wider. Difficult labor relations have fed high unemployment. Headline and core inflation rose sharply last month to [...]

larrygreenberg @ March 20, 2013

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