Bloomberg South Africa’s ruling African National Congress said the reserve bank must consider the impact of monetary policy on economic growth when it targets inflation, re-emphasising the flexible mandate the government gave the central bank almost a decade ago. “The ANC believes that the South African Reserve Bank must pursue a flexible monetary policy regime, aligned with the objectives of ...

Bloomberg China’s banks’ urgent want for cash is threatening to overload the country’s fledgling convertible-bond market. Four lenders are due to sell as much as 146 billion yuan ($22 billion) of the hybrid securities by the end of June after the regulator approved the deals in recent weeks. That includes what could be the largest such offering China’s domestic market ...

Bloomberg The Reserve Bank of India needs to soften its economic growth narrative and lower its projections for the current fiscal year. That’s the view of Mumbai-based SBICap Securities Ltd after data released January 11 showed industrial production in November grew 0.5 percent from a year ago, much lower than the expected 3.6 percent. The RBI needs to cut its ...