Reserve Bank Governor Lesetja Kganyago made the repo rate announcement on Thursday in Pretoria.


The governor of the South African Reserve Bank Lesetja Kganyago has announced that the repo rate will remain unchanged at 6.75%. Kganyago says this was a unanimous decision by the Monetary Policy Committee.

This means that the the prime lending rate will remain at 10.25%.

He made the announcement during a briefing in Pretoria.

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