South Africa must tackle capital flows ‘challenge’, says deputy governor


Lesetja Kganyago, a deputy governor at the South African Reserve Bank, believes the "capital flows challenge" in the country needs "fresh thinking".

Speaking at a conference on March 1 in Magaliesburg, Kganyago said: "Over the medium term, to moderate the real exchange rate, we need fiscal and monetary policy settings that reflect that policy objective and seek to achieve it."

The South African currency has seen a fluctuating exchange rate in recent years. It fell to a two-year low last year,

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: