Bloomberg News

S. Africa’s Mnyande Says Rand Soothes Impact of Oil, Food Prices

June 21, 2011

June 21 (Bloomberg) -- The strength of South Africa’s rand has “soothed” the effects of oil and food prices on inflation, Monde Mnyande, the chief economist at South Africa’s central bank, said in a presentation in Johannesburg today.

To contact the reporter on this story: Franz Wild in Johannesburg at

To contact the editor responsible for this story: Antony Sguazzin at

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