2 It is also important to stress that, as I will explain in more detail later on, the pass-through from the depreciation of the peso to domestic prices has been modest.
I know a number of you have travelled from abroad to be here, and we appreciate your attendance and participation. Today is a momentous occasion. The South African Reserve Bank is launching a communication campaign to showcase the country’s new banknote series and to inform the public about the unique features of South Africa’s new banknotes.