The SARB's plan to eliminate the prime interest rate in South Africa could have the opposite effect of what it intends.
China's central bank kept its benchmark lending rates unchanged as Beijing manages a balancing act of supporting a slowing economy while maintaining currency stability.
JOHANNESBURG, Feb 17 (Reuters) - South Africa's central bank wants to scrap the country's prime lending rate (ZAPRIM=ECI), opens new tab as soon as next year to make its main monetary policy rate ...