Sarb’s Mminele highlights risks to emerging markets from QE


Daniel Mminele, a deputy governor of the South African Reserve Bank (Sarb), has warned of the problems created for emerging market central banks by unconventional monetary policy actions such as quantitative easing (QE) in advanced economies.

"Unconventional monetary policies may very well complicate policymaking for emerging market central banks and create significant challenges going forward," Mminele said. In particular, the future unwinding of loose monetary policy and effects on capital

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