Monetary Policy Committee

Repo rate increases by 75-basis points

LOCAL Reserve Bank Governor Lesetja Kganyago announced a 75-basis point rate hike effective from Friday. This takes the repo rate to seven percent and the prime lending rate to 10.5 percent Economist Goolam Ballim says that the fact that two members of the Monetary Policy Committee (MPC) were more inclined[…]

Read »
WhatsApp WhatsApp us
Wait a sec, saving restore vars.