News Source: Asian Wall Street Journal
| about 1 month ago
The Swedish and South African central banks left their interest rates unchanged Thursday, although Sweden acknowledged that "the recovery has begun." The Riksbank's decision to leave the key rate unchanged at 0.25% was expected. But in a statement,...
News Source: News 24
| about 1 month ago
Two strikingly different attitudes to the retiring governor of the Reserve Bank, Tito Mboweni, were illustrated on Thursday by statements from the Democratic Alliance, and from the metalworkers' union, Numsa. Dion George, the DA finance spokesperson,...
News Source: News 24
| about 1 month ago
The Reserve Bank could struggle to contain inflation in 2010 if Eskom is granted the 45% tariff hike it has asked for, according to outgoing Reserve Bank governor Tito Mboweni. The bank forecast the headlining consumer price index (CPI) inflation...
News Source: Androscoggin News
| about 1 month ago
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News Source: Fox News
| about 1 month ago
South Africa's central bank maintained its benchmark interest rate unchanged at 7% on Thursday, meeting market expectations. "Economic growth is expected to improve in the coming months, but is likely to remain below potential for some time," the...
News Source: News 24
| about 1 month ago
The Monetary Policy Committee (MPC) of the South African Reserve Bank left interest rates unchanged on Thursday. The key repo rate remains at seven percent while the prime rate stays at 10,5%. The Reserve Bank has since December 2008 cut its repo...