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Picture: 123RF
Picture: 123RF

The SA Reserve Bank recently raised the repo rate by another 50 basis points to 8.25%. The country's electricity crisis, a lack of structural economic reforms and a resultant weaker rand left the Bank with little choice but to continue its hiking cycle. Business Day TV unpacked the effectiveness of monetary policy with Peter Attard Montalto of Intellidex and Dawie Roodt, chief economist at Efficient Group.

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