The South African Reserve Bank left its key rate unchanged for a seventh straight
meeting as policy makers warned politics and ratings downgrades could still knock
the rand and scupper an improving inflation outlook. The Monetary Policy Com-
mittee maintained the benchmark repurchase rate at 7 percent, Governor Lesetja
Kganyago told reporters recently in the capital, Pretoria. The decision was in line
with the estimates of all 21 economists in a Bloomberg survey. The key rate hasn&rsq...
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