European Parliament Library

South Africa :, Staff Report for the 2005 Article IV Consultation

Abstract
South Africa’s 2005 Article IV Consultation reports that the short-term outlook is broadly favorable, with the main risks arising from a possible worsening of the external environment. The authorities plan to maintain a flexible exchange rate, and to intervene in the foreign exchange market only to accumulate international reserves when market conditions are favorable. The banking system is sound, and short-term vulnerabilities appear limited. Some pressures could arise from banks’ large mortgage portfolio carrying variable interest rates
Language
eng
Literary Form
non fiction
Note
Bibliographic Level Mode of Issuance: Monograph
Physical Description
1 online resource (67 pages)
Form Of Item
online
Isbn
9786613872579

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