South Africa Raises Interest Rates Despite Lowering Growth and Inflation Forecasts

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  • #19058
    Helmholtz Watson
    Participant

    The South African Reserve Bank (SARB) increased its benchmark interest…

    [article]1216[/article]

    #19062
    TradersCom
    Keymaster

    Getting ahead of the curve – it would seem more trying to protect Rand I agree – with mining issues last thing they need is higher rates in a falling economy.

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