Business | Economics | Politics
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Interest rates have went up in South Africa with the repo rate sitting at 7% and it might as well be the right time to buy that car or house. Sounds ironic right? Here’s the logic – periods of lower…
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When the Repurchase rate (hereafter – repo rate) is reduced, individuals and firms who hold or seek repo-linked loans benefit the most. A reduction in the repo rate simple means that the cost of borrowing has declined. Thus, anyone who…