SARB hikes repo rate by 50 basis points to 8.25% (full speech)
The South African Reserve Bank’s Monetary Policy Committee voted to increase the repo rate by 50 basis points to 8.25 per cent. Lesetja Kganyago, Governor of the South African Reserve Bank explains the reasoning and gives insight on the country’s growth and inflation outlook for the rest of the year.
Thu, 25 May 2023 14:13:53 GMT
SIGN UP FOR OUR NEWSLETTER
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.