Thursday 26 March 2015

South Africa Repo Rate Remains Unchanged At 5.75%

The repo rate will remain unchanged at 5.75% “for now”, said the South African Reserve Bank Governor (Sarb) Lesetja Kganyago on Thursday.

He made the announcement in Pretoria.

The prime lending rate, which is the amount charged by banks to consumers, also stays at 9.25%