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Day: November 21, 2024

SARB Announces 25 Basis Points Repo Rate Cut Amid Inflation Dip.

Pretoria: The South African Reserve Bank’s Monetary Policy Committee (MPC) has, in a unanimous decision, opted to cut the repo rate by 25 basis points, bringing it down from 8% to 7.75%, effective from Friday. This marks the second consecutive repo ra…

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