Expected SARB Hike Comes to Fruition at 4%, USD/ZAR Subdued
The MPC has unsurprisingly decided to increase the repo rate by 25bps from 3.75% to 4%. USD/ZAR reaction muted after markets priced in rate hike.
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The MPC has unsurprisingly decided to increase the repo rate by 25bps from 3.75% to 4%. USD/ZAR reaction muted after markets priced in rate hike.
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