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Fading inflation brings more relief to consumers, says FNB as it cuts rates

By Janice Roberts at New Media
20 July 2017 • 1 min read

Following the South African Reserve Bank’s Monetary Policy Committee (MPC) decision earlier today to reduce its repo rate by 0.25%, FNB confirms that it will cut its prime lending rate from 10,5% to 10.25%. The new rate will be applied from Friday 21 July 2017 on all prime-linked rates. (more…)


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