Kganyago Sees Adopting Lower CPI Goal Aiding South Africa Bonds

Kganyago Sees Adopting Lower CPI Goal Aiding South Africa Bonds

South Africa’s central bank chief Lesetja Kganyago said that officially locking in a lower inflation goal could underpin another drop in bond yields, which have already fallen sharply since he announced the bank was aiming at the bottom of its 3% to 6% target range....

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