JOHANNESBURG, Nov 27 (Reuters) - South Africa is not likely to experience a sudden stop of inflows because of tapering from the United States Federal Reserve, central bank Deputy Governor Lesetja Kganyago said on Wednesday.
Kganyago said the worst-case scenario for South Africa, which relies on portfolio flows to fund its wide current account deficit, would be for those inflows to stop abruptly.
'Could a sudden stop happen here? We consider it unlikely,' Kganyago said in a speech posted on the Reserve Bank's website.
(Reporting by Xola Potelwa; Editing by Stella Mapenzauswa) Keywords: SAFRICA CBANK/KGANYAGO
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