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South African Politics

Interest Rate Increase -SARB Hike Hits South Africans

  5/20/2022 9:45 AM -   -   Legal Services, Consumer Protection Act, South African Politics -   No Comments »  
Interest Rate Increase -SARB Hike Hits South Africans

The South African Reserve Bank (SARB) recently announced a significant interest rate increase, raising the repo rate by 50 basis points to 4.75%—effective 20 May 2022.

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