Home News Good News for Consumers: South Africa’s Repo rate reduced to 6.75% News Good News for Consumers: South Africa’s Repo rate reduced to 6.75% The central bank said it remains concerned about the country’s inflation outlook, saying that inflation expectations remain sticky at the upper end of its 6% benchmark. By Contributor - July 20, 2017 Share Facebook Twitter Pinterest WhatsApp Linkedin ReddIt Email Print Telegram Digg By News Agency Staff The Reserve Bank’s Monetary Policy Committee (MPC) on Thursday reduced the repo rate by 25 basis points to 6.75%. Briefing reporters following the MPC’s meeting, Reserve Bank Governor Lesetja Kganyago said the bank “will not hesitate to revise the move if the need arises”. RELATED ARTICLESMORE FROM AUTHOR Provinces With The Most Expensive & Cheapest Rent Nigerian Court Postpones MTN’s $2BN Tax Case SA Youth Urged To Seize 4IR Opportunities See Your Cars Safety Rating BMW Vision M NEXT: The Future Of Bmw Electrified Cars Stay Indoors This Winter With Telkom’s Home Internet Deal Bitcoin Is 42% Up In The Last Month – The Reasons Behind The Rally Flush With Cash, Naspers Could Be Shopping For Investment Opportunities Naspers Delays Listing Of Its Global Internet Assets In Amsterdam LEAVE A REPLY Cancel reply Please enter your comment! Please enter your name here You have entered an incorrect email address! Please enter your email address here Save my name, email, and website in this browser for the next time I comment.