Mboweni on the SARB and academia

In the speech 'The relationship between the South African Reserve Bank and academia' given on 23 October Tito Mboweni of the South African Reserve Bank said that the country's widening current account deficit posed a risk to the exchange rate of the rand.

"While the deficit is currently more than adequately financed by capital inflows, investor fears relating to the sustainability of the deficit increase the risks of exchange rate adjustments which could threaten the longer-term attainment of the

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