South African Reserve Bank – Annual Report (2010–11)

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The South African Reserve Bank's Annual Report, published on Tuesday, said there were no obvious threats to the stability of the South African financial system, although reforms to the central bank's financial stability body had been made.

In the opening message, Gill Marcus, the governor of the South African Reserve Bank, said: "Without being complacent, our view is that at this stage there are no obvious threats to domestic financial stability: credit extension by banks is subdued and there is

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