TITLE

One Final Rate Cut In Store

PUB. DATE
October 2009
SOURCE
Africa Monitor: Southern Africa;Oct2009, Vol. 14 Issue 10, p3
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents an economic data and forecasts for South Africa for 2009 and 2010. According to Business Monitor International Ltd., the South African Reserve Bank (SARB) is estimated to reduce interest rates by 50 basis points (bps) to 6.50 percent in September 2009. It also notes on easing food prices and marginal improved growth rates in some key industries. A chart is also presented depicting economic trends and indicators of the country from 2007 to 2010.
ACCESSION #
44289248

 

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