SA credit growth rises to 3.24% year on year in October.

Growth in private sector credit in South Africa in October quickened to 3.24% year on year from 3.12% in September, central bank data showed on Monday.

Expansion in the broadly defined M3 measure of money supply also rose, to 9.83% in October from 9.48% in September.

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Source: moneyweb.co.za