SA Reserve Bank leaves repo rate untouched
By: Natasha Archary Image: Adobe Stock The South Africa Reserve Bank (SARB) has decided to leave the repo rate untouched at 8.25% into the second half of the year. On Thursday, 18 July Reserve Bank Governor Lesetja Kganyago said while two members of the Monetary Policy Committee (MPC) preferred a reduction of 25 basis points, four members preferred an unchanged stance. "As we move into the second half of the […]