South Africa Central Bank Says Spending Misses Pose Risk to Lower Inflation bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Amidst facing an MPC void after deputy governor Kuben Naidoo s exit, the South African Reserve Bank (Sarb) has chosen to keep its repo rate steady at 8.25%.
The Reserve Bank's monetary policy committee (MPC) meets on Thursday and is expected to continue its current interest rates increase trajectory in a bid to contain inflation within the 3%-6% target.