Rand trades stronger as SARB holds repo rate steady | MyJHB.co.za: Johannesburg in the news: Rand trades stronger as SARB holds repo rate steady: JOHANNESBURG – The South African currency was boosted by global risk-on sentiment and a hawkish bias displayed by the Monetary Policy Committee (MPC) according to NKC Research. Despite some pressure … – … [Read more...] about Rand trades stronger as SARB holds repo rate steady | MyJHB.co.za
Repo
Repo rate increases to 5.5% |MyPE
The Reserve Bank has hiked up the repo rate to 5.5%. “The MPC [Monetary Policy Committee] has decided to increase the repurchase rate by 50 basis points to 5.5 % per annum as of 30 January 2014,” Reserve Bank Governor Gill Marcus said following the first MPC meeting of the year. The repo rate – […] MyPE Read more on MyPE. Join the fun: Add Your … [Read more...] about Repo rate increases to 5.5% |MyPE
Repo Rate increase ‘negative in the short term’ |MyPE
“Today’s interest rate hike puts bets on further residential market strengthening off, but will at the same time serve to keep market behaviour healthy and free of speculative behaviour,” so says FNB’s John Loos. The impact should be seen as “negative” from a short term consumer point of view. As the positive impact of the … [Read more...] about Repo Rate increase ‘negative in the short term’ |MyPE
