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Rate Cuts 2024 South Africa Pdf

Rate Cuts 2024 South Africa Pdf. Economists expect a series of interest rate cuts from the south african reserve bank starting from today. Following the cut, sa’s repo rate will now be 8%, and the prime rate 11.50%.


Rate Cuts 2024 South Africa Pdf

While there was a clear dovish shift, the mpc is wary, said economists at nedbank. Rates remain at their highest level in 15 years with the repo currently at 8.25% and prime lending at 11.75%.

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