S. African Central Bank Raises Key Interest Rate By 50 Basis Points To 10.5% (Nasdaq)

Story date: 2007-10-11 09:08:47
Added on: 2007-10-12 09:33:30

(RTTNews) - The South African central bank raised its key interest rate on Thursday. The Monetary Policy Committee of the South African Reserve Bank decided to hike the repurchase rate by 50 basis points to 10.5% per annum.


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