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WATCH: The implications of the Bank’s decision to keep rates on hold
20 July 2018 - 09:34
On Thursday the South African Reserve BAnk announced that it had kept the repo rate unchanged. But Reserve Bank governor Lesetja Kganyago has warned that SA’s growth outlook remains constrained; the Bank has cut expected GDP growth for the year to 1.2%. Jameel Ahmad from FXTM spoke to Business Day TV about the Bank’s decision and provided an international perspective on the announcement.
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