SARB Governor Lesetja Kganyago announces repo rate remains unchanged





SARB Governor Lesetja Kganyago announces repo rate remains unchanged

Kganyago made the announcement during a briefing on Thursday afternoon.

South African Reserve Bank Governor Lesetja Kganyago. Picture: AFP

JOHANNESBURG – The Monetary Policy Committee has decided to hold the repo rate 3.5%, with effect from 18 September 2020.

Reserve Bank Governor Lesetja Kganyago made the announcement during a media briefing on Thursday afternoon.

The bank has reduced the rate by 300 basis points so far this year, in an effort to promote growth amid an economy suffering under the effects of the COVID-19 lockdown.



__your iOS or Android device.

Latest articles

Jovie Tee – Asambeni Vol. 36 Mix

Home » Songs » Jovie Tee – Asambeni Vol. 36 Mix Jovie Tee Asambeni Vol. 36 Mix Mp3 DownloadJovie Tee brings forth...

Related articles

Leave a reply

Please enter your comment!
Please enter your name here