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27
Mar
2024
SARB keeps main interest rate unchanged, citing inflation risksBy:South Africa's central bank kept its key interest rate unchanged at 8.25% on Wednesday, saying that on balance risks to the inflation outlook were skewed to the upside. It was the fifth meeting in a row that the bank has maintained its repo rate at the same level. All economists polled by Reuters had forecast that the rate would be left unchanged.
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