Economists predict further repo rate cuts  EWNView Full coverage on Google News
The Reserve Bank announced on Thursday that it had cut the repo rate by 50 basis points to 3.75% in order to promote growth.The Reserve Bank announced on Thursday that it had cut the repo rate by 50 basis points to 3.75% in order to promote growth.

Economists predict further repo rate cuts

As a result of the cut, the prime lending rate will fall to 7.25%. As a result of the cut, the prime lending rate will fall to 7.25%.

Reserve Bank again cuts repo rate as SA's economic outlook worsens | Fin24

“Its raining in summer already ! Thats the reaction to a surprise rate cut by RBI today where the repo rate was reduced by 40bp to 4% and reverse repo consequently is now at 3.35% (3.75% earlier)."“Its raining in summer already ! Thats the reaction to a surprise rate cut by RBI today where the repo rate was reduced by 40bp to 4% and reverse repo consequently is now at 3.35% (3.75% earlier)."

RBI rate cut: Top mutual fund managers analyse RBI rate cut - The Economic Times

“RBI Governor @DasShaktikanta ‘Central banks have to answer the call to the frontline. Over the last 3 days the MPC met ahead of schedule, repo rate cut by 40 bps #BreakingNews #RBIActs”

Shereen Bhan on Twitter: "RBI Governor @DasShaktikanta ‘Central banks have to answer the call to the frontline. Over the last 3 days the MPC met ahead of schedule, repo rate cut by 40 bps #BreakingNews #RBIActs"

“The South African Reserve Bank just dropped the Interst rate by 0,5% brining the Prime interest rate down to 7,25%. The lowest it's been since the 1970's. Check how it relates to savings on your Homeloans. #DoPropertyBetter #Yey 😬”

Euphonik™♛ on Twitter: "The South African Reserve Bank just dropped the Interst rate by 0,5% brining the Prime interest rate down to 7,25%. The lowest it's been since the 1970's. Check how it relates to savings on your Homeloans. #DoPropertyBetter #Yey 😬… https://t.co/iH1iB5w8bA"

The Reserve Bank cut interest rates for the fourth time in 2020 on Thursday, and has room for even more cuts, the banking group saysThe Reserve Bank cut interest rates for the fourth time in 2020 on Thursday, and has room for even more cuts, the banking group says

SA likely to get 75 basis points more in rate cuts in 2020, says BNP Paribas

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The South African Reserve Bank cut its key lending rate as expected by another 50 basis points to 3.75%, a historic low. This can be seen as a relief as opposed to a stimulus measure as the Covid-19 lockdown continues to undermine economic activity.The South African Reserve Bank cut its key lending rate as expected by another 50 basis points to 3.75%, a historic low. This can be seen as a relief as opposed to a stimulus measure as the Covid-19 lockdown continues to undermine economic activity.

SARB cuts rates by 50 basis points as expected and pred...

The SA Reserve Bank cut interest rates by 50 basis points on Thursday which is expected to bring further relief to SA’s battered economy, most of which is still under lockdown. The cut takes the benchmark rate to 3.75%, its lowest level since the repo was introduced in 1998, BusinessLIVE reports. Market expectations had been for a […]

Reserve Bank cuts repo rate a further 50bps to 3.75% - Talk of the Town

A decisive cut to South African interest rates by the South African Reserve Bank has sparked a rally in the value of the South African Rand, as investors saw the move as ultimately being supportive of an economy that is under severe pressure owing to a strict coronavirus lockdownA decisive cut to South African interest rates by the South African Reserve Bank has sparked a rally in the value of the South African Rand, as investors saw the move as ultimately being supportive of an economy that is under severe pressure owing to a strict coronavirus lockdown

South African Rand Leaps 1.50% against Pound and Other Majors on SARB's Decision to Slash Interest Rates

The central bank expects gross domestic product to contract by 7pc in 2020. The latest rate cut will help ease pressure on consumers amid widespread job losses, it said. The bank's five-pers The central bank expects gross domestic product to contract by 7pc in 2020. The latest rate cut will help ease pressure on consumers amid widespread job losses, it said. The bank's five-pers

South African central bank cuts lending rate by 50 basis points | Business Recorder

In the current environment of surplus liquidity, the G-Sec yield are likely to remain well supported with further directions from RBI actions like future rate cuts, OMOs/ special OMOs and operation twists.In the current environment of surplus liquidity, the G-Sec yield are likely to remain well supported with further directions from RBI actions like future rate cuts, OMOs/ special OMOs and operation twists.

'Govt's borrowing targets will likely be met without pressurising bond yields that may remain rangebound' - Moneycontrol.com

RBI Repo Rate Cut 2020: The MPC is of the view that the macroeconomic impact of the pandemic is turning out to be more severe than initially anticipated, and various sectors of the economy are experiencing acute stress.RBI Repo Rate: The MPC is of the view that the macroeconomic impact of the pandemic is turning out to be more severe than initially anticipated, and various sectors of the economy are experiencing acute stress.

RBI Repo Rate Cut 2020: Impact of RBI’s decisions to slash repo rate, extend loan moratorium on corporates, consumers

RBI Repo Rate Cut: Scope for further monetary policy easing may open up as inflation eases against the backdrop of negative GDP growth in FY21, economists say.Repo rate now stands at a record low of 4%, while reverse repo rate, at 3.35%, is 10 basis points above its record low.

RBI Monetary Policy: Economists See More Rate Cuts, Unconventional Measures Ahead

News News: NEW DELHI: Automobile industry on Friday welcomed Reserve Bank move to slash benchmark interest rates to their lowest levels since 2000 and extend the.Times of India brings the Latest & Top Breaking News on Politics and Current Affairs in India & around the World, Cricket, Sports, Business, Bollywood News and Entertainment, Science, Technology, Health & Fitness news & opinions from leading columnists.

automobile industry: Automobile industry cheers as RBI cuts lending rates - Times of India

Repo rate snipped 40 bps to 4 per cent, reverse repo now at 3.35 per cent; moratorium on debt servicing extended until August 31Repo rate snipped 40 bps to 4 per cent, reverse repo now at 3.35 per cent; moratorium on debt servicing extended until August 31

RBI’s second booster shot: Key policy rates cut - The Hindu BusinessLine

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The consecutive rate cuts by RBI are aimed at injecting more liquidity to the market.

Was RBI’s liquidity push what the financial markets needed? - The Economic Times

This was the fourth meeting of the Bank’s monetary policy committee this year, after an emergency one was held in AprilThis was the fourth meeting of the Bank’s monetary policy committee this year, after an emergency one was held in April

Reserve Bank cuts repo rate a further 50bps to 3.75%