Sarb announces sharper 75bp repo rate hike - Moneyweb


7/21/2022 12:00:00 AM2 years 9 months ago
by https://www.facebook.com/Moneyweb/

Reserve Bank's frontloading move aims to rein in resurgent inflation.

South Africas repo rate has been pushed sharply up, by 75 basis points (bps) the steepest hike since September 2002. The rate hike was announced by South African Reserve Bank (Sarb) Governor Lesetja… [+4471 chars]

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