While a reduction in the repo rate was anticipated in the latest Monetary Policy Committee (MPC) meeting, the 50 basis point cut came as a surprise. From February 2023 to February 2025, the repo rate ...
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The South African Reserve Bank (SARB) announced a 25-basis-point reduction to the repo rate, bringing it down to 6.75%. This adjustment lowers the prime lending rate to 10.25% – the lowest it’s been ...
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