The South African Reserve Bank (SARB) maintained its repo rate at 7% on Thursday, July 23, leaving the prime rate at 10.5%. However, the split vote within the Monetary Policy Committee leaves the door open for a potential further monetary tightening. Four members voted for the status quo, while two were in favor of a…...
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South Africa: SARB maintains its repo rate at 7%, a hike remains possible
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
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