South Africa lowers rates to 3.75%, as expected

Author: Adam Button | Category: News

SARB interest rate announcement

  • Prior was 4.25%
  • 3 votes for 50 bps
  • 2 votes for 25 bps
  • Expectations for CPI remain around the mid-point of the target
The rand is suddenly looking better. USD/ZAR:
SARB interest rate announcement

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