SARB announces repo rate cut

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GUEST - Koketso Mano, FNB Senior Economist
The South African Reserve Bank’s Monetary Policy Committee (MPC) has - in a unanimous decision - decided to cut the repo rate by 25 basis points, bringing it down from 8% to 7.75% with effect from Friday. This is the second consecutive repo rate cut announced by Reserve Bank Governor Lesetja Kganyago following a meeting of the bank’s MPC.

21 Nov 1PM English South Africa Business News · Investing

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