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SARB cuts repo rate by 25 basis points to 7.00%
Governor of the South African Reserve Bank, Lesetja Kganyago, announced that the repo rate has been reduced by 25 basis points, bringing it down from 7.25% to 7.00%, following the unanimous decision of the July Monetary Policy Committee (MPC) meeting.
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By East Coast Radio - Catch UpGovernor of the South African Reserve Bank, Lesetja Kganyago, announced that the repo rate has been reduced by 25 basis points, bringing it down from 7.25% to 7.00%, following the unanimous decision of the July Monetary Policy Committee (MPC) meeting.