Repo rate drop

Day 19 Covid Campaign

Hot off the press - The SA Reserve Bank has cut the repo rate by 100 basis points, or one percentage point. This brings SA's repo rate to 4.25%. The cut will be effective from April 15.

 https://www.fin24.com/Economy/South-Africa/just-in-reserve-bank-again-cuts-repo-rate-by-1-percentage-point-20200414