Repo rate remains unchanged

Reserve bank keeps interest rate unchanged. Courtesy #DStv403

JOHANNESBURG - The South African Reserve Bank (SARB) says the repo rate will remain unchanged.

Reserve Bank Governor, Lesetja Kganyago, made the announcement on Thursday.

READ: WATCH: SARB keeps repo rate unchanged

The repo rate remains at 3.5 percent.

Banks' lending rate remains at 7 percent.

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