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Consecutive giant interest rate hike looming

As SARB increases repo rate to 6.25%
In Namibia, the rate at which commercial banks borrow from the central bank currently stands at 5.50%.
Phillepus Uusiku
As expected by analysts, the South African Reserve Bank (SARB) increased the repo rate by 75 basis points (bps) yesterday from 5.50% to 6.25%.Fin24 recently reported that analysts ...

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Namibian Sun 2022-09-30

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