says he is in talks with Kganyago in a bid to find ways to mitigate the effects of the pandemic.
“I know some of you think that you can solve the world’s problems by reducing the interest rates, you’re wrong, but the SARB knows its responsibility in times of a pandemic, so don’t over pressurise them, leave the conversation to me and the Governor of the SARB; it is taking place so don’t worry about that.”
With many other countries across the globe holding emergency meetings over repo rates Mboweni assures the country not to worry about the reduction of interest rates in the midst of the impact of the coronavirus outbreak on global growth.This entry was posted on 20 Mar 2020,09:16AM at 9:16 AM and is filed under
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