SARB's Quarterly Bulletin, June 2006

The South African Reserve Bank published its June 2006 Quarterly Bulletin on 22 June. According to the latest Bulletin, the fortunes of exporters of oil and other commodities continued to be bolstered by buoyant prices fetched by these products in the international markets.

"However, in the international financial markets there were signs of a change in sentiment in the second quarter of 2006 as international investors lost some of their appetite for exposure to emerging markets, resulting in the

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