DStv Channel 403 Tuesday, 05 November 2024

Monetary Policy Committee | Interest rates remain unchanged

Interest rates remain unchanged_byte

JOHANNESBURG - No reprieve yet for those with debt, as interest rates will remain unchanged.

The repo rate is at 8,25% with the prime lending rate 11,75%

This has remain unchanged since May last year.

READ: High interest rates impact negatively on households

The governor of the South African Reserve Bank, Lesetja Kganyago, says inflation expectations are still elevated, but inflation risks are balanced.

Dr Elna Moolman from Standard Bank shared her thoughts with us earlier.

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