South Africa lowers benchmark rate to 6.25% from 6.50%

Author: Adam Button | Category: News

Rand softens

  • The Reserve Bank said it sees risk to the inflation outlook as balanced
  • SARB model shows 2 rate decreases of 25 bps each in Q1 and Q4 2020
The rand was one of the world's worst performers in the 2010-2020 period.

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