The MPC starts to meet in Pretoria today
13 August 2008 · Staff Writer
Economists bet on pause in rates
From Fin24
The consensus is for South Africa's repo rate to remain unchanged at 12% at the conclusion of the South African Reserve Bank's (SARB's) Monetary Policy Committee (MPC) two-day meeting which gets underway in Pretoria today.
Justmoney.co.za says:
The interest rates might not rise, but you can still get a great savings account today, just in case they do. The Repo rate will also affect credit cards and the interest paid on bank accounts.
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