Interest rates increased by biggest margin since 2016 - News24
5/19/2022 12:00:00 AM2 years 11 months ago
by Compiled by Helena Wasserman
by Compiled by Helena Wasserman
The Reserve Bank's monetary policy committee has increased the repo rate by 50 basis points to 4.75%. This is the largest hike since January 2016.
The Reserve Bank's monetary policy committee has increased the repo rate by 50 basis points to 4.75%. This is the largest hike since January 2016. Four members of the committee voted for the increas… [+3843 chars]
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