Interest Rate Cuts 2024 South African Banks. Economy south africa interest rate. This move follows the u.s.


Interest Rate Cuts 2024 South African Banks

The south african reserve bank (sarb) lowered the repo rate by 25 basis points to 8.00%, as predicted by economists polled by reuters. South africa’s central bank lowered its benchmark interest rate by 25 basis points to 8%, marking the first rate cut in over four years.

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