Tags : south africa

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The South African Rand (ZAR, Rand) In Focus

The South African Reserve Bank (SARB) Governor Lesetja Kganyago yesterday announced that the Monetary Policy Committee (MPC) voted 3 – 2 to hike the repurchase interest rate (repo-rate) by 25bps setting the benchmark interest rate to 3.75% from 3.5%. Read more.

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