Repo Rate Holds Stable
Repo Rate Unchanged
After this weeks SA Reserve Bank Monetary Policy Committee meeting South Africans can let out a small sigh of relief.
The Repo Rate, which currently sits at a record low of 3.5% is not going to change. This means no increase in debt repayments for those who have credit.
Here is what they said (via Twitter) and what they say is likely to lie ahead for 2021: