The South African Reserve Bank has cut interest rates by 100 basis points.Source.
It's unfortunate it took a disease to make that decision, not the struggling of a nation. The things a little push from nature can do🙇🏿♂️
👇👇👇
Lesetja your people suffering, stop protecting the minority, cut the repo rate don't be afraid we will always recover.
They are playing it too safe
Is nothing why not at least 5%
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Withdrawal of bank notes and coins is fake, Reserve Bank warns“The SARB has neither withdrawn any banknotes or coins, nor issued any instruction to hand in banknotes or coins that may be contaminated with the Covid-19 virus.” They should do so Damn, and I was just about to open branch of SARB down at the local shopping centre to take in the money.
Source: TimesLIVE - 🏆 28. / 59 Read more »
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Panicked rand breaches R17/$ as investors await Reserve Bank decisionOn closing basis the currency is set for a record low against the US currency, which is benefiting from flight to safety
Source: BDliveSA - 🏆 12. / 63 Read more »
Panicked rand breaches R17/$ as investors await Reserve Bank decisionOn closing basis the currency is set for a record low against the US currency, which is benefiting from flight to safety
Source: BDliveSA - 🏆 12. / 63 Read more »
We are NOT recalling cash because of Covid-19, says SA Reserve BankThe South African Reserve Bank has warned of a scam claiming that it is “recalling” money from the public. Are we that gullible as citizens of this country? 🤔 Wow! desperate times call for desperate measures.
Source: IOL - 🏆 46. / 51 Read more »