Thursday, April 12, 2007

S.Africa c.bank keeps repo rate steady at 9.0 pct

(Reuters) - South Africa's central bank held its repo rate steady at 9.0 percent on Thursday, in line with expectations.

Reserve Bank Governor Tito Mboweni told a televised press conference an unchanged stance continued to be appropriate despite a deterioration in the inflation outlook.


Read more at Reuters Africa

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