SARB, Monetary Policy Review, Nov 2004

The South African Reserve Bank has published its Monetary Policy Review for November 2004. Inflation has remained within the target range for the past 13 months. This outcome was achieved through responsible monetary and fiscal policies, improved inflation expectations, and the continued steadier performance of the rand, the report says.

The Monetary Policy Review provides an overview of developments in inflation and an analysis of the factors that have impacted on inflation, focusing on the past

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