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South Africa’s repo rate cut by 25 basis points as expected

Economists had expected the central bank to lower the repo rate by 25 bps, the same size of cut as in September.

Annual inflation slowed sharply to 2.8% in October, its lowest level in over four years, dropping just below the central bank’s 3% to 6% target range.


Source: Economy - investing.com

Kenya cancels proposed deals with Adani Group after U.S. indictments

South African Reserve Bank cuts repurchase rate to 7.75%