WATCH: Why the Reserve Bank kept rates on hold

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WATCH: Why the Reserve Bank kept rates on hold
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Business Day TV spoke to Stanlib chief economist Kevin Lings about the Bank’s recent interest rate decision

Reserve Bank Governor Lesetja Kganyago. Picture: FREDDY MAVUNDA The Reserve Bank’s monetary policy committee has kept the benchmark interest rate at a historic low of 3.5% and has upped its growth forecast for this year to 5.

3% from 4.2% previously.
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