SA shifts to monthly schedule for rate moves

The South African Reserve Bank's rate-setters will vote once a month for the remainder of the year after the central bank announced it was doubling the frequency of its meetings for 2009.

Tito Mboweni, the governor of the Reserve Bank, said on Wednesday that the Monetary Policy Committee (MPC) would now attend two-day rate-setting meetings every month for the rest of the year bar July. The committee usually meets six times a year.

"The move allows the Reserve Bank the option of front-loading any

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.