Saturday 19 June 2021
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dailymaverick - 1 month ago

BUSINESS MAVERICK: The interest rate party is over: SA Reserve Bank’s MPC likely to hold steady this week

The South African Reserve Bank (Sarb) is likely to hold rates steady when its Monetary Policy Committee (MPC) wraps up its bi-monthly meeting this week. The rand has gained ground since the last MPC in March, and domestic inflation remains muted. But it will be focused on inflationary pressures down the road.


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