BREAKING NEWS: Reserve Bank cuts repo rate a further 50bps to 3.75%

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BREAKING NEWS: Reserve Bank cuts repo rate a further 50bps to 3.75%
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This was the fourth meeting of the Bank’s monetary policy committee this year, after an emergency one was held in April

The SA Reserve Bank cut interest rates by 50 basis points on Thursday which is expected to bring further relief to SA’s battered economy, most of which is still under lockdown.

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