Lusanda Bill
21 July 2011
The South African Reserve Bank Monetary Policy Committee has decided to leave the repo rate unchanged at five-point-five-percent.
Sarb Governor Gill Marcus made the announcement this afternoon,
Marcus said they will remain watchful regarding the effects of inflation on the economy.
Business Unity South Africa welcomed the announcement, saying it was better to adopt a wait-and-see approach to the current economic climate.
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