3rd consecutive 75 bps interest hike looming
SARB increases repo rate to 7%
The last monetary policy announcement for the year 2022 by the Bank of Namibia is expected to take place on 30 November.
The South African Reserve Bank (SARB) yesterday announced a 75 basis points increase in the repo rate from 6.25% to 7.0%.The prime lending in South Africa currently stands at 10.5%
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