Reserve Bank hikes interest rates again as inflation soars - News24


3/24/2022 12:00:00 AM3 years 1 month ago

The SA Reserve Bank's monetary policy committee has hiked the repo rate by another 25 basis points to 4.25%. This brings the prime rate to 7.75%.

As expected, the SA Reserve Bank's monetary policy committee (MPC) has hiked the repo rate by another 25 basis points to 4.25%. This brings the prime rate to 7.75%. Three members of the committee vo… [+1870 chars]

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