The bank cannot disregard the exchange rate because the exchange rate can exercise considerable influence on developments in inflation.
More Quotes from Xolile Guma:
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.Xolile Guma
Further structural reforms will be important prerequisites to unlocking the economic growth and development potential of South Africa.
Xolile Guma
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.
Xolile Guma
Readers Who Like This Quotation Also Like:
The one thing I could do was voices and impersonations and weird characters, and there was really no call for that, except on Saturday Night Live.Phil Hartman
Most cartoons are those colors. They have been for 35 years.
John Kricfalusi
You know no one ever accomplishes something like this without a lot of help from good people along the way. And this is certainly true in my case, and I would like to thank some of those people.
Robin Yount