Credit extensions lowest in 3 years

2008-09-30 00:00

The latest credit extension and money supply figures released yesterday could convince the Reserve Bank to keep interest rates steady when its monetary policy committee meets next Thursday, according to economists.

Standard Bank economist Shireen Darmalingam observed that credit-active consumers are generally feeling the pinch of the tighter economic environment. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

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