The Reserve Bank’s Monetary Policy Committee (MPC) has kept the repo rate unchanged at 5%, Reserve Bank Governor Gill Marcus said on Wednesday.
"The monetary policy stance remains accommodative and appropriate, with the real policy rate remaining slightly negative. Further accommodation at this stage is constrained by the upside risks to the inflation outlook.
SA Reserve Bank governor Gill Marcus has announced that the central bank has decided to keep its repo rate unchanged at 5.0%.
As anticipated, and with an eye on rising inflation, the Monetary Policy Committee left the repo rate unchanged despite the prevailing sluggish economy, says Dr Andrew Golding, CE of the Pam Golding Property group.
The repo rate is to remain unchanged at 5%, Reserve Bank Governor Gill Marcus said on Thursday following the Monetary Policy Committee’s last meeting of the year.

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