S African key rate rises to five-year high - Financial Times
Story date: 2008-06-12 08:53:00
Added on: 2008-06-12 23:20:44
South Africa’s central bank on Thursday raised its benchmark interest rate by 50 basis points to a five-year high of 12 per cent, in an attempt to prevent rising food and oil prices spilling into wage increases and other areas of its economy. The ...
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