Repo rate remains unchanged at 6.75%
Reserve Bank Governor Lesetja Kganyago. Reserve Bank Governor Lesetja Kganyago says the bank has decided to keep the repo rate steady at 6.75% amid steeply rising oil prices. This means that the prime lending rate remains at 10.25%. Kganyago says the bank is closely watching the effects of the oil price shock on the back of the conflict in the Middle…
