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Home The News Africa S. African Central Bank May Intervene In Forex Market To Influence Rand: Reports
S. African Central Bank May Intervene In Forex Market To Influence Rand: Reports
News - Africa
Written by RTT Staff Writer   
Wednesday, 10 June 2009 09:30
(RTTNews) - The South African Reserve Bank might counter "extreme exchange rate movements" in the rand, the central bank Governor Tito Mboweni reportedly said in a conference over the weekend. However, the central bank would not set a target for the rand, the governor said.

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