JOHANNESBURG- Many economist predicted it and the Reserve Bank has cut the repo rate to 6.5%, the prime lending rate drops to 10%.
More details to follow.
#Rates Reserve Bank Governor Lesetja Kganyago confirms a 25 basis point cut in the repo rate, to 6.5%, meaning the prime lending rate drops to 10%.
— EWN Reporter (@ewnreporter) March 28, 2018
BREAKING #Rates Reserve Bank Governor Lesetja Kganyago announces rates cut of 0.25%.
— EWN Reporter (@ewnreporter) March 28, 2018
Photo Credit- Azania Mag
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