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Reserve Bank Governor Lesetja Kganyago has announced on Thursday that the Monetary Policy Committee (MPC) has decided to keep the repurchase rate at 8.25%.
The Bank expresses concerns about inflation risks due to load-shedding and logistical challenges affecting business costs, alongside ongoing uncertainty regarding food and fuel prices.
The following graphic illustrates the changes in the repo rate since 2022:
REPO RATE by SABC Digital News
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