RMB analysts expect a final hike in the cycle on Thursday, despite higher inflation in February
The rand was little changed on Thursday morning, while the JSE was firmer along with its global peers, with the local focus on the SA Reserve Bank’s interest-rate announcement later in the afternoon.
The SARB will conclude its monetary policy committee meeting on Thursday, with markets expecting a 25 basis-points hike, taking the repo rate to 7.5%. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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