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Mboweni sits tight as other central bankers pour out cash

It's business as usual in SA on the sidelines of international market frenzy, says governor

19 September 2008 · Staff Writer

Mboweni sits tight as other central bankers pour out cash

By Ethel Hazelhurst
From Business Report

As major central banks pumped money into the world's banking system yesterday, SA Reserve Bank governor Tito Mboweni said the bank "has not been required to take any special action" to stabilise the local interbank market.

Justmoney.co.za says:

The world market is in turmoil, but we are not that exposed to it. So don't worry, and open a savings account, or get a better bank account. If you are not sure about the state of your finances, do a financial healthcheck.

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