TITLE

Interest Rates: No Change Until H210

PUB. DATE
December 2009
SOURCE
Africa Monitor: Southern Africa;Dec2009, Vol. 14 Issue 12, p3
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article offers information on the economic outlook of South Africa for the year 2010. It states that the country's interest rates at 7.00% due to the decision of the South African Reserve Bank to hold the repo rate on October 2009. According to the Central bank Governor Tito Mboweni, the 500 basis points (bps) of interest rate help pull the economy back into positive growth.
ACCESSION #
46793875

 

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