Rate Cuts 2024 South Africa 2024

Rate Cuts 2024 South Africa 2024. Rate cut by 25 basis points, in line with market forecasts; Markets now expect a cut in interest rates at the central bank’s next monetary policy committee (mpc) meeting.


Rate Cuts 2024 South Africa 2024

The south african reserve bank’s monetary policy committee voted unanimously to cut its main interest rate by 25 basis points to 8 per cent, the first cut in four. Central bank won’t give into political pressure,.

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