UPDATE 2-South Africa raises repo rate for first time in 3 years - NewsBreak

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By Tarikul in Business
Updated 2 years ago

JOHANNESBURG, Nov 18 (Reuters) - South Africa's central bank raised its main lending rate by 25 basis points to 3.75% on Thursday in a close call, the first rate hike in three years in response to growing inflation risks. Governor Lesetja Kganyago said while the monetary policy committee (MPC) expected...

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