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SARB keeps rate unchanged again.
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GUEST - James Turp, Fixed Income Portfolio Manager and Head of Investment Strategy at Sanlam Investments.
The South African Reserve Bank (Sarb) kept its repurchase rate (repo rate) at 8.25% on Thursday, meaning the benchmark rate has been at this level for more than a year and remains at a 15-year high.
The South African Reserve Bank (Sarb) kept its repurchase rate (repo rate) at 8.25% on Thursday, meaning the benchmark rate has been at this level for more than a year and remains at a 15-year high.