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Economy
7 July 2022
Unpacking the new South African Reserve Bank Monetary Policy Implementation Framework (MPIF)
The South African Reserve Bank (SARB) announced on 27 May 2022 that the New Monetary Policy Implementation Framework (MPIF) would be phased in over a twelve-week period beginning on 8 June. James Robertson, Head, Financial Institutions South Africa at Standard Bank, answers key questions on how the SARB now allowing surplus cash into the system is set to drive down pricing in the secured funding market.
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