South Africa Lifts Key Rate to 10.5% to Cut Inflation (Update3)

Story date: 2007-10-11 08:25:00
Added on: 2007-10-11 11:00:28

Bloomberg - Oct. 11 (Bloomberg) -- South Africa's central bank raised its benchmark interest rate by half a percentage point, the third increase this year, as it struggles to bring inflation back within the target range. The repurchase rate was increased to 10.5 ...


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