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SA Reserve Bank cuts repo rate by 25 basis points

July 23, 2020

As mentioned previously, the South African Reserve Bank has lowered the repo rate by 25 basis points, to 3.5 per cent. Joining CNBC Africa to look at how this further cut of interest rates means for South Africa locally and internationally are Annabel Bishop, Chief Economist at Investec and Elina Ribakova, Deputy Chief Economist at the Institute of International Finance.

The post SA Reserve Bank cuts repo rate by 25 basis points appeared first on CNBC Africa.

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Source : African Media Agency (AMA)

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