THE SA Reserve Bank governor Gill Marcus could have used the launch of a new bank note series to launch a R500 note, but chose not to, to show that the reserve bank takes its inflation targeting mandate seriously.
THE SA Reserve Bank governor Gill Marcus could have used the launch of a new bank note series to launch a R500 note, but chose not to, to show that the reserve bank takes its inflation targeting mandate seriously.
Other countries have had to re-dominate to keep pace with galloping inflation.
She said the currency was second only to the SA flag.
Marcus not wavering
THE SA Reserve Bank governor Gill Marcus could have used the launch of a new bank note series to launch a R500 note, but chose not to, to show that the reserve bank takes its inflation targeting mandate seriously.
THE SA Reserve Bank governor Gill Marcus could have used the launch of a new bank note series to launch a R500 note, but chose not to, to show that the reserve bank takes its inflation targeting mandate seriously.
Other countries have had to re-dominate to keep pace with galloping inflation.
She said the currency was second only to the SA flag.
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