Friday, January 21, 2011

Repo rate in line with analyst’s prediction

By Jurina Nkwazi
21 January 2011


Reserve Bank Governor Gill Marcus announced yesterday that the repo rate would remain at a thirty-year low of five-and-a-half-percent.

Marcus said the inflation risk has increased.

Meanwhile, analysts say the repo rate is in line with their expectations.

Economist Azar Jammine said that the economy is doing quite well so far.

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