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January 26, 2023

Repo rate hiked to 7.25%

The repurchase rate (repo rate) in South Africa reached 7.25% after the SA Reserve Bank’s (SARB) Monetary Policy Committee (MPC) agreed to a 25 basis points hike.The increase means that the repo rate will now be 7.25% per year from 27 January 2023, wit…

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