SA Reserve Bank interest rates

The South African Reserve Bank’s (SARB’s) Monetary Policy Committee (MPC) meets every second month. Here’s when they next convene. Image via Freepik

WATCH: SA Reserve Bank keeps interest rates on HOLD [VIDEO]

Watch news in a minute The South African Reserve Bank’s (SARB’s) Monetary Policy Committee (MPC) voted to keep interest rates on hold.

SA Reserve Bank interest rates

The South African Reserve Bank’s (SARB’s) Monetary Policy Committee (MPC) meets every second month. Here’s when they next convene. Image via Freepik

NEWS IN A MINUTE: Listen or watch the full versions of the “JUST IN: SA Reserve Bank keeps interest rates on HOLD” article in a minute.

The South African Reserve Bank’s (SARB’s) Monetary Policy Committee (MPC) voted to keep interest rates on hold on Thursday. As was widely expected, the central bank kept the repo rate at 8.25% while the current prime lending rate stayed at 11.75%. The MPC meets every second month. It was the fourth consecutive meeting that the interest rates have remained on hold. Reserve Bank governor Lesetja Kganyago confirmed the the vote was unanimous among the five-member committee.

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NEWS IN A MINUTE ON: SA RESERVE BANK VOTES TO KEEP INTEREST RATES

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