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Statement of the Monetary Policy Committee May 2013

The South African Reserve Bank published the following statement on 2013-05-23 "The South African economy is facing a number of domestic challenges

Repo rate will be maintained at 5.5% per annum.

“The committee [Monetary Policy Committee] decided to keep the repurchase rate unchanged at 5.5% annum at this stage. Future actions will be data dependant
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