As this crisis continues, there is one distinguishing factor about the South African financial system, besides the fact that the South African financial system continues to function, the South African interbank market also continue to function. Banks in South Africa continue to trust each other and had been lending money to each other, thus facilitating the flow of credit for the real sector.
Ian Plenderleith: Always something normal from South Africa Speech by Mr Ian Plenderleith, Deputy Governor of the South African Reserve Bank, to the Association of Collective Investments Conference, Cape Town, 17 August 2004. *  *  *  It is not very often that a central banker gets to comment on his country’s economy in Latin.