CPI

Could Interest Rates Drop Below 10% Soon?

Posted by Gino S on July 23, 2010 // 1 Comments

Interest Rates were keep unchanged yesterday, leaving the prime interest rate at 10%. The announcement has increased speculation that we may experience another rate cut later this year. The inflation rate, overall economic growth, and levels of household debt are some of the factors that were considered by the South African Reserve Bank, before making [...]

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