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Interest rates up another 0.5%

Story date: 2007-10-11 04:54:00
Added on: 2007-10-11 21:00:17


Sunday Times South Africa - Big four banks have raised prime overdraft rate for home and other loans to 14percent. Households are not tightening their belts enough, according to the Reserve Bank’s Monetary Policy Committee, which voted yesterday for its seventh 0.5percentage ...


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