JOHANNESBURG, Jan. 25 (Xinhua) -- The South African Reserve Bank (SARB), the country's central bank, on Thursday decided to maintain its repurchase rate at the current level of 8.25 percent as the country's inflation rate continued to fall.
"At the current repurchase rate level, the policy is restrictive, consistent with the inflation outlook and the need to address rising inflation expectations," said SARB Governor Lesetja Kganyago while announcing the latest monetary policy at a press briefing in Pretoria, the administrative capital of the country.
