South Africa central bank facing dilemma over growth, inflation

January 20, 2016 3:41 PM

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DAVOS Jan 20 The South African Reserve Bank governor said on Wednesday the bank was facing a policy dilemma of slow growth and rising inflation ahead of a decision on interest rates in Africa's most indistrialised country.

"What you can't take away from is that South Africa is facing a policy dilemma from a monetary policy perspective. We are having slowing growth and rising inflation. It is not something that we didn't expect," Kganyago said.

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