SARB keeps interest rate unchanged at 6.5%

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Reserve Bank governor Lesetja Kganyago. Picture: Gallo Images

The South African Reserve Bank has left the interest rate unchanged at 6.5%. The bank further left the prime lending rate at 10%.

Economists surveyed had expected the repo rate to stay at 6.5% due to slightly lower consumer inflation figures. – Afro Worldview Reporter

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