Tag: interest rates
Tough times ahead: Some useful money-saving tips
It takes a no-brainer to realize that South African citizens have a poor savings culture. A large portion of their disposable income is consumed in…
Unpopular Opinion About Interest rates
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…
Comments Off on How Does A Reduction in the Repo Rate Affect You?
How Does A Reduction in the Repo Rate Affect You?
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…