BREAKING: SARB votes to keep interest rates on hold

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The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) voted to keep interest rates on hold on Thursday, 21 September.

 

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Sarb likely to hold rates steady, but fuel and food prices remain a concernWith inflation braking, the South African Reserve Bank looks set to keep its key repo rate on hold at 8.25%, and the prime lending rate at 11.75%, when its Monetary Policy Committee wraps its next three-day meeting on Thursday, 21 September.
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