The South African Reserve Bank (SARB) confirmed it will keep the policy rate at 6.75 percent, saying inflation remains within its target band even as world events threaten economic stability, reports Cape {town} Etc. The Monetary Policy Committee (MPC) noted that headline inflation in South Africa was 3.0 percent in February, exactly on target. The MPC keeps the policy rate … Continue reading SARB keeps policy rate at 6.75 percent amid global risks