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No rate hike, but no relief either
The Reserve Bank held rates steady, but with inflation at 5% and South Africans skipping meals to make ends meet, relief only goes so far.
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Timeline cronologica
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SA Reserve Bank holds rates steady but inflation continues to squeeze consumers
While borrowers avoided another interest rate increase, consumers remain trapped by high debt repayments, soaring prices and stagnant incomes, according to Debt Rescue CEO Neil…
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Interest rate hold provides relief, but oil prices pose inflation threat
The South African Reserve Bank kept interest rates unchanged, with economists and property experts saying the decision provides certainty while warning that volatile oil prices…
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Rand and bonds tumbled after repo rate remained unchanged
The Reserve Bank's decision to leave interest rates unchanged surprised markets, sending the rand lower while rising oil prices and inflation continue to cloud South Africa's…
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No rate hike, but no relief either
The Reserve Bank held rates steady, but with inflation at 5% and South Africans skipping meals to make ends meet, relief only goes so far.