Post by Erf nuuscasting (@Erfnuuscasting)
SA eyes new euro liquidity via ECB lines
The South African Reserve Bank says it’s exploring use of new European Central Bank repo lines to improve access to euro liquidity. The move is aimed at strengthening trade and investments with Europe, easing rand volatility, with potential interest rate cuts on the table if inflation cooperates — a big macroeconomic play for SA’s growth outlook. �
Reuters
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