The South African Reserve Bank (SARB) has opted to keep its main lending rate unchanged at 6.75% during the Monetary Policy Committee (MPC) meeting held on Thursday, aiming to further monitor inflation expectations before any potential shifts in monetary policy, reports Cape {town} Etc. This decision follows a prior reduction from 8.25% at the beginning of 2024, showing an intention to … Continue reading Reserve Bank maintains lending rate at 6.75% as inflation pressures loom