VIDEO | Repo rate increases by 25 basis points to 7.25% - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

South African Reserve Bank Governor Lesetja Kganyago says the MPC decided to raise the repurchase rate by 25 basis points to 7.25% per year, effective January 27, 2023.Kganyago argues that the economic and financial conditions are expected to remain more volatile for the foreseeable future. “In this uncertain environment, monetary policy decisions will continue to be data dependent and sensitive to the balance of risks to the outlook.

He explains that high inflation and slow economic growth continue to shape global conditions. “Russia’s war in Ukraine drags on & recession risks remain elevated in the Euro Area, even though energy constraints have eased.”

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

JUST IN | Interest rates hiked by 25 basis points | BusinessThe Reserve Bank slashed its expectations for growth this year. | News24_Business _Business Ay sekuyaliwa phela!! _Business ANC’s slush fund _Business I hate that
Sumber: News24 - 🏆 4. / 80 Baca lebih lajut »