Elna Moolman
Elna Moolman
borrowing buoyant competition global inflation low partly price relatively spending strong
Buoyant spending and borrowing have not yet been inflationary, and will not necessarily become inflationary, partly because of relatively low global inflation and strong price competition from imports.
exchange expected foreign limited rand reserves
The rand weakened during February, which is expected to have limited the Bank's accumulation of foreign exchange reserves during the month.