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South Africa

MPC raises repo rate by 25 basis points

───   15:59 Thu, 18 Nov 2021

MPC raises repo rate by 25 basis points | News Article

The South African Reserve Bank's Monetary Policy Committee (MPC) has just raised the repo rate by 25 basis points.

The repo rate is now at 3.75 percent.

Reserve Bank Governor Lesetja Kganyago made the announcement on Thursday.

Watch the video above for more details.


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