Prime Rate South Africa July 2024

Prime Rate South Africa July 2024

Prime Rate South Africa July 2024. Mr e l (lesetja) kganyago. Old mutual chief economist johann els expects the policy repo rate to remain unchanged at 8.25%, marking the fourth consecutive meeting without a rate change, with the prime interest rate currently at 11.75%.


Prime Rate South Africa July 2024

In south africa, lending rate refers to commercial banks prime overdraft rate. The current prime lending rate is 11.75%, based on a repo rate of 8.25% as determined by the south african reserve bank.

Prime Rate South Africa July 2024 Images References :

You May Have Missed