> South Africa lowers rates to 3.75%, as expected

South Africa lowers rates to 3.75%, as expected

Adam Button

Thursday, 21/05/2020 | 13:11 GMT

0

SARB interest rate announcement

Prior was 4.25%
3 votes for 50 bps
2 votes for 25 bps
Expectations for CPI remain around the mid-point of the target

The rand is suddenly looking better. USD/ZAR:

SARB interest rate announcement

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