SARB keeps rates steady at 6.75%
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Well as expected the SARB has kept repo rates unchanged at its first monetary policy meeting for the year. This comes as the Reserve Bank Governor, Lesetja Kganyago said that there was an improvement in the near-term inflation, partly boosted by a decline in global oil prices. And with that the inflation rate for 2019 is expected to hit 4.8%. Standard Chartered economist, Razia Khan joins me on the line now with her view on today's announcement.