Interest rate hike coming for South Africa as inflation rises

[Bloomberg]

Interest rate hike coming for South Africa as inflation rises

South Africa’s annual inflation rate rose slightly less than expected ahead of a widely expected interest-rate hike.

 

[EmmanuelGoldstein]

Punish the working class more, clearly current punishment isn't working enough.

 

[killerbyte]

A day before I need to send money back to SA, which means the exchange rate is going to hurt me.

 

[neoprema]

Punish the working class more, clearly current punishment isn't working enough.

The working class tend to just work and keep quiet. They're easy targets unfortunately...

 

[kolaval]

A day before I need to send money back to SA, which means the exchange rate is going to hurt me.

Send some to me as well?

 

[killerbyte]

Send some to me as well?

LOL. I have about R40K left to pay off in SA and I am going to pay it off over the next couple of months, so I need the Rand to tank so that my £s go further.

 

[NarrowBandFtw]

bring it! and don't make it no pansy ass 0.25% either! grow a pair!

 

[Bad Ballie]

Punish the working class more, clearly current punishment isn't working enough.

Beatings will continue until moral improves