Abdulmajidkhs
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South African Central Bank hikes its interest rate by 75 basis points
The South African Central Bank has once more increased its interest rate by 75 basis points during its committee meeting last week.
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The South African Central Bank has once more increased its interest rate by 75 basis points during its committee meeting last week.

South African Central Bank hikes its interest rate by 75 basis points
The South African Central Bank has once more increased its interest rate by 75 basis points during its committee meeting last week. This brings its current interest rate to 6.25% while the prime lending rate will be slated at 9.75% against the previous record of 9%.