Interest Rates: No Change Until H210

December 2009
Africa Monitor: Southern Africa;Dec2009, Vol. 14 Issue 12, p3
Country Report
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.


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