South African central bank out with a statement. Bloomberg reporting 24 Aug

  • SA "running out of room to borrow"
  • less nominal wage pressure on prices would help lower CPI
  • govt has duty to support the unemployed
  • sees underlying inflation "reasonably well contained"
  • local institutions could be less hostile to small firms

Blimey, just like London buses, don't see an SA post for months then two come along at once.

USDZAR back down to 14.0361 after its Gordhan-led spike to 14.1790