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News Highlight
19th Jan 2012

Interest Rate remains unchanged!

The South African Reserve Bank left its repo rate unchanged at 5.5% on Thursday as expected, with concerns about a slowing economy off-setting the pressures from inflation, which is likely to stay outside its target band for longer than previously expected.

At its first policy meeting of 2012, the bank raised its inflation forecast, saying it expected inflation to be outside its 3-6% target range throughout 2012, with the recent depreciation of the rand being the main ...[MORE]

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Exchange Rates

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Rates are compliment of the ECB and will be updated once a day on weekdays only.

Date & Weather

Date: 04.02.2012
Time: 17:43

Capetown:

Temp.: 29 °C / 84 °F
Wind: S / 14 kn
Sunrise: 05:43
Sunset: 20:15

Johannesburg:

Temp.: 19 °C / 66 °F
Wind: VRB / 3 kn
Sunrise: 05:19
Sunset: 19:22
IBN News (2nd Jan 2009): Happy New Year 2009!

News-Archive


Happy New Year 2009! - 2nd Jan 2009

We wish all Clients, Business Partners, Families and Friends a very Happy New Year 2009! It will become an exciting years kicking off with petrol prices coming down by 18% and making the way free for a possibly lower interest rate in February. Election campaigns will then keep us fascinated until Easter! Good luck everybody and have a good start into this New Year with best wishes from all IBN Teams in Cape Town, Johannesburg, Stellenbosch and Dubai
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