Repo Rate Holds Stable – Debtfree Magazine

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Repo rate unchanged

After these weeks, the meeting of the SA Reserve Bank’s Monetary Policy Committee with South Africans can take a sigh of relief.

The repo rate, which is currently at a record low of 3.5% won’t change. This does not mean an increase in debt payments for those who have loans.

Here’s what they said (via Twitter) and what they say is expected to be in front of us in 2021:

Repo Rate Holds Stable - Debtfree Magazine

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