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South Africa keeps interest rate at 7% amid rising inflation, rand weakness

South Africa’s central bank has kept its key interest rate unchanged at 7% as policymakers assess persistent inflation risks and uncertainty surrounding oil prices and the Middle E

Olalekan AdigunJuly 23, 20261 min read
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South Africa’s central bank has kept its key interest rate unchanged at 7% as policymakers assess persistent inflation risks and uncertainty surrounding oil prices and the Middle East conflict.

The post South Africa keeps interest rate at 7% amid rising inflation, rand weakness appeared first on Nairametrics.

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