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Tag Archives: repurchase rate

S. Africa increases repo rate, first time in three years

Johannesburg, S. Africa | Xinhua | South African Reserve Bank decided to increase the repurchase rate starting Friday by 25 basis points to 3.75 percent, the first time in three years, its governor Lesetja Kganyago announced on Thursday. Kganyago cited inflation as reason of the hiking. “Inflation risks have increased and …

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