Sarb MPC brings forward May meeting, cuts repo rate
The South African Reserve Bank’s Monetary Policy Committee met earlier than scheduled today [April 14] where the decision to cut the repo rate by another 100 basis points, to 4.25%, was taken.
The MPC’s full media statement can be read here.
Read: Sarb cuts interest rates by another 100 basis points
Source: moneyweb.co.za