Kaya Biz: Repo rate hikes by 25 basis points to 3.75%, what this means for your pocket
South African Reserve Bank (Sarb) governor Lesetja Kganyago announced on Thursday that the repo rate will increase by 25 basis points to 3.75%. The MPC decided to increase the repurchase rate by 25 basis points to 3.75% pic.twitter.com/Naxzyhei29 — SA Reserve Bank (@SAReserveBank) November 18, 2021 “For this year and the next two years, headline consumer price inflation is revised slightly higher, to 4.5% for 2021 (from 4.4%), to 4.3% […]