By Stella Mapenzauswa JOHANNESBURG (Reuters) – South Africa’s Reserve Bank is likely to keep lending rates at current four-decade lows well into next year as it balances inflation risks from a weaker currency against sluggish economic growth. Central banks across emerging markets are fighting to avert an exodus of foreign capital driven by the impending turn in U.S. monetary policy, with Turkey acting this week to pull the lira off record lows. …
Economy News Headlines – Yahoo! News
There are no comments yet. Why not be the first to speak your mind.