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Maroc Maroc - IT-ONLINE.CO.ZA - A La Une - Hier 09:12

Repo rate drop welcomed

The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) yesterday (19 September) announced a 0,25 basis point cut, taking the interest rate down to 8%, with the prime lending rate now set at 11,50%. This cautious approach brings a small sigh of relief to strapped households, who have struggled with the cumulative 475 basis […]

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