Powered by Max Banner Ads 

 Powered by Max Banner Ads 

Bank expected to keep interest rate flat – The New Age Online

BloombergBank expected to keep interest rate flatThe New Age OnlineThe repo rate stands at 5.5% with the prime interest rate at 9%, which positions South Africa's interest rates at their lowest level in more than 30 years. Tendani Mantshimuli, cons…

Read the rest »

No relief for consumers – Sowetan

SowetanNo relief for consumersSowetanCurrently the repo rate is 5.5% and the prime interest rate at 9%. The repo is the rate at which the Reserve Bank lends to commercial banks, and the prime rate is the rate AT which banks lend to customers. While int…

Read the rest »

No rate change seen – The New Age Online

No rate change seenThe New Age OnlineThe repo rate has been kept at a 30-year record low of 5.5% since November 2010 with the prime interest rate at 9%. There were fears that the bank might start raising interest rates as a result of inflationary press…

Read the rest »

Southwest Alaska Policy Makers to Meet in Anchorage – KMXT Public Radio News

Southwest Alaska Policy Makers to Meet in AnchorageKMXT Public Radio News(SWAMC 1 :27 "This would match the rate to the current prime interest rate. They just feel that this eight percent, when it was put in, was at a time when interest rates were…

Read the rest »

Industrialists Laud Interest Rate Cut – Arutz Sheva

Industrialists Laud Interest Rate CutArutz ShevaThe BOI lowered Israel's prime interest rate to 2.5% Monday, cutting the rate from 2.75%. The officials said that, considering that the projected inflation rates for the next year is about 2%, the BOI…

Read the rest »

Interest rates remain unchanged at 5.5% – Mail & Guardian Online

Independent OnlineInterest rates remain unchanged at 5.5%Mail & Guardian Online"The repo rate remains at 5.5% with the prime interest rate at 9%," SARB governor Gill Marcus told reporters in Pretoria. This is the seventh consecutive decision …

Read the rest »

Economists Expect Cut in Interest Rates – Arutz Sheva

Economists Expect Cut in Interest RatesArutz ShevaEconomists said Sunday that Bank of Israel Chairman Stanley Fischer will reduce the prime interest rate by a quarter percent, to 2.75%. The committee that sets the rate at the beginning of every month w…

Read the rest »

Sagan: ‘Non-adversarial’ tactic needed – Amarillo.com

Sagan: 'Non-adversarial' tactic neededAmarillo.comIn an inflationary economy the Federal Reserve raises the prime interest rate to soak up the extra money. Right now interest rates are pegged close to zero. That should tell us something. In eco…

Read the rest »

‘Non-adversarial’ tactic needed – Amarillo.com

'Non-adversarial' tactic neededAmarillo.comIn an inflationary economy the Federal Reserve raises the prime interest rate to soak up the extra money. Right now interest rates are pegged close to zero. That should tell us something. In economics …

Read the rest »

Bond as salary percentage – Fin24

Bond as salary percentageFin24The current prime interest rate plays a big role. The lower the rates are, the bigger the bond amount will be. Using the above-mentioned salary example, if interest rates were at 10% the client would qualify for a bond of …

Read the rest »