South Africa’s Reserve Bank to keep interest rate unchanged

by | January 11, 2018 10:48 am

South Africa’s Reserve Bank will leave interest rates unchanged at its Jan. 18 meeting, a Reuters poll showed on Thursday, despite a much firmer rand suggesting further easing could come from the bank. The rand, currently around 12.43 per dollar, has gained almost 8 percent in the last six months – with most made after South Africa’s Deputy…

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