Business: Business Weekly July 11, 2012

Added on July 12, 2012
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On the 5th of July 2012 in its monthly sittings, the central Banks monetary policy committee effected a 150 basis points cut in the central bank rate and while many had expected the regulator to effect a rate cut in respect to trends in the prevailing indicators of a slowed inflation rate and relative currency stability, however the element of surprise was in the size of the rate cut. Just what are the effects of the CBR rate cut on borrowers and the general economy?
Last Modified: 12 Jul 2012 15:52

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