SARB expected to keep interest rates on hold
55 views · Published 30 March 2017 · 0:43 · Indexed 21 September 2026
Channel: SABC News · 2017 · News & Politics
The Reserve bank is largely expected to keep interest rates on hold this afternoon. The repo rate - which is the rate at which the Reserve Bank lends money to commercial banks - currently stands at 7%. The prime lending rate at banks is 10-and-a-half per cent. For more news, visit: http://www.sabc.co.za/news
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