DStv Channel 403 Tuesday, 26 November 2024

WATCH | Repo rate remains unchanged

 

JOHANNESBURG - It was heard that rates will remain unchanged. 

The current repo rate is at 8.25%, with the prime lending rate sitting at 11.75%.

Governor, Lesetja Kganyago says the decision by the Monetary Policy Committee was unanimous.

He says, however, there are many upside risks.

Let's unpack the SARB's announcement with head of macro-economic research at Standard Bank, Dr Elna Moolman.

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