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

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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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