LATEST ON THE INTEREST RATE
Category General News
The SARB's Monetary Policy Committee met this afternoon and, as was widely expected, left the repo rate unchanged at 8.25% and the prime lending rate at 11.75%.
Economists advise that although a reduction of the rates is expected for 2024, this will only be announced, on present estimations, towards the second or third quarter of the year.
Author: STBB
