Sign In or Register | Thursday, February 22, 2024
AfricaTeam,   2/11/2024 7:25:54 PM Add AfricaTeam as a Friend | Send Message
Africa See Profile
South Africa January Monetary Policy Committee Statement. Repurchase Rate Kept at 8.25% Per Year.

 Governor @KganyagoLesetja delivered the January Monetary Policy Committee statement. Here are some of the highlights: In most countries, reaching inflation targets, reducing fiscal deficits and containing or lowering debt levels will stay as key policy priorities. --The SA Reserve Bank's Monetary Policy Committee delivered the January statement. The MPC decided to keep the repurchase rate at its current level of 8.25% per year. The decision was unanimous. --The operation of ports and rail has become a serious constraint, and, alongside electricity shortages, contributed to weak output growth and higher costs last year. --Medium and longer-term market expectations for inflation remain elevated --At the current repurchase rate level, policy is restrictive, consistent with the inflation outlook and the need to address rising inflation expectations


Tags:South Africa January Monetary Policy Committee Statement. Repurchase Rate Kept at 8.25% Per Year.
Embed Video Code:
Bookmark and Share Email Email to Friends Print Print
Please Sign In  or Register  to post a comment.

Facebook Twitter YouTube Instagram Linkedin African Music
Post a New Story from your Account, then Vote for it Here by clicking Push

Most Popular
Latest Forums
Latest Polls
    Nigeria    Kenya    
South Africa    Ghana    
Africa's Top 10 National Parks    The Cost of an African Safari Adventure: From Budget to Luxury    Egypt    Ethiopia    Zimbabwe    
Uganda    Africa    Tanzania    African Development Bank    Test    Kenya a Hot bed of Investments    Mosi-oa-Tunya Falls "The Smoke That Thunders"    Pope Francis On Safari In Kenya    The Greatest Footballer Ever    Malawi    
Media Kit | Site Map | Help | Send Feedback | Contact us | User Agreement | Privacy | About us
Copyright © 2022-2024 "Africa Updates" All rights reserved