S.Africa central bank raises main lending rate by 50 basis points

by Aurelia Butler 19 May 2022, 13:22 139 Views

JOHANNESBURG (Reuters) – South Africa’s central bank increased its main lending rate by 50 basis points to 4.75% in a decision announced on Thursday.

The decision was in line with a Reuters poll published last week.

Source: Economy - investing.com

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S.Africa central bank raises main lending rate by 50 basis points

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