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Reserve Bank governor Lesetja Kganyago said that this is the lowest repo rate since the system was introduced in 1998.
CONSUMER INFLATION

Repo rate falls to 3.5% — its lowest since 1998

Repo rate drops to 3.5% as Reserve Bank predicts a 7.3% contraction in South Africa’s GDP

  • Tshegofatso Mathe
3 min read