The Reserve Bank’s Monetary Policy Committee decided to keep the repo rate at 8.25% despite slightly higher inflation at 4.8%.
By Kouthar Sambo The Reserve Bank's Monetary Policy Committee decided to keep the repo rate at 8.25% despite slightly higher inflation at 4.8%. This comes after three members of the committee voted to keep rates steady while two members were in favour of a 25-basis point hike. Speaking on VOC's Drive Time show today, Head of Research and Portfolio Manager of the Camissa Islamic Funds and Economist Abdul Aziz Davids […]
