You are here

South Africa cuts key interest rate in virus response

[PRETORIA] South Africa's central bank on Thursday cut its main interest rate by a full percentage point to 5.25 per cent in response to a deepening impact of the coronavirus outbreak.

The announcement was made after the bank's monetary policy committee met for its regular meeting and as...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes