Xolile Guma
Xolile Guma
bank cannot disregard exchange exercise influence rate
The bank cannot disregard the exchange rate because the exchange rate can exercise considerable influence on developments in inflation.
anecdotal domestic evidence exceeded gross growth percent performance product somewhat
Growth in real gross domestic product amounted to 4.5 percent in 2004, and preliminary anecdotal evidence suggests that this performance may have been exceeded somewhat in 2005.
carefully crucial nurtured policy reforms stable supported throughout
All those reforms will need to be nurtured carefully and it is crucial that they be supported throughout by a stable and transparent macroeconomic policy framework.