Effect of Interest Rate Cut: SARB Trims Repo Rate
Effect of Interest Rate Cut: SARB Trims Repo Rate by 25bps On May 29, 2025, the South African Reserve Bank (SARB) lowered the repo rate by 25 basis points, bringing it down to 7.25%. Commercial banks will consequently lower the prime lending rate to 10.75%. This move has sparked discussions about the effect of interest […]
