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Home>South Africa Cuts Repo Rate Amid Weaker Growth Outlook -- Update

South Africa Cuts Repo Rate Amid Weaker Growth Outlook -- Update

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Thu, 20 Jul 2017

By Gabriele Steinhauser and Nthabiseng Gamede The South African Reserve Bank on Thursday announced the first cut to its main interest rate since 2012, reducing its repo rate to 6.75% from 7%, in a stark sign of the pressures facing Africa's largest economy. The cut to the repo rate comes after

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