SARB hikes repo rate by 75 basis points to 5.5% (full speech)
In an effort to rein in inflation, the South African Reserve Bank’s Monetary Policy Committee voted to increase the repo rate by 75 basis points to 5.5 per cent. Lesetja Kganyago, Governor of the South African Reserve Bank explains the reasoning and outlines the country’s growth outlook for the year.
Thu, 21 Jul 2022 13:55:07 GMT