South Africa: Repo Rate Remains Unchanged At 6.75 Percent

21 September 2017

The repo rate will remain unchanged at 6.75% per annum, Reserve Bank Governor Lesetja Kganyago said on Thursday.

"Given the heightened uncertainties in the economy, the Monetary Policy Committee (MPC) felt it would be appropriate to maintain the current monetary policy stance at this stage, and reassess the data and the balance of risks at the next meeting," said the Governor.

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