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Repo rate cut by 50 basis points – Cape Business News
Ebene Magazine [22/05/2020]

The South African Reserve Bank (SARB) has cut the Repurchase (repo) rate by 50 basis points. Effective 22 May 2020, the repo rate will be 3.75% per annum. SARB Governor Lesetja Kganyago made the announcement on Thursday following a Monetary Policy Committee (MPC) meeting. The cut is the third (...)

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