Making sense of interest rates

Mar 07, 2016
Author: Ean Barnard

(Maya on money)

February 1, 2015

Maya Fisher-French

Last week, consumers received good news from the South African Reserve Bank (SARB) that the repo interest rate would be kept at 5.75%, which means that the retail rate at which consumers are offered credit, would stay at 9.25%. Absa provided this useful infographic

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