LISTEN: Reserve Bank leave repo rate unchanged at 7%

LISTEN: Reserve Bank leaves repo rate unchanged at 7%

Servicing your home loan or car finance won't cost you more - at least for the next three months.

Lesetja Kganyago
Getty Images


The Reserve Bank's Monetary Policy Committee has left rates unchanged.


Reserve Bank governor, Lesetja Kganyago, made the announcement today - adding that the MPC had unanimously decided to leave th rates unchanged - as it had during four periods in 2016.

ALSO READ: Unchanged repo rate welcomed ahead of festive season


Economist Mike Schussler says the decision to keep the repo rate unchanged at 7% is good news - but not for everyone.

Show's Stories