WATCH: Reserve Bank surprises markets with 50bps rate hike
Business Day TV speaks to senior economist at BNP Paribas, Jeff Schultz
30 March 2023 - 20:51
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Reserve Bank governor Lesetja Kganyago. Picture: FREDDY MAVUNDA
The SA Reserve Bank raised the repo rate by 50 basis points (bps) to 7.75% on Thursday in a surprise move that overshot expectations of a 25bps increase. Business Day TV unpacked the move with senior economist at BNP Paribas, Jeff Schultz.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
NEWS LEADER
WATCH: Reserve Bank surprises markets with 50bps rate hike
Business Day TV speaks to senior economist at BNP Paribas, Jeff Schultz
The SA Reserve Bank raised the repo rate by 50 basis points (bps) to 7.75% on Thursday in a surprise move that overshot expectations of a 25bps increase. Business Day TV unpacked the move with senior economist at BNP Paribas, Jeff Schultz.
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