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Hard-pressed consumers eye rates move

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Cape Town - Debt-strapped consumers will be keeping a close watch on SA Reserve Bank (Sarb) governor Lesetja Kganyago when he announces the bank's Monetary Policy Committee's decision later on Thursday.

Debt experts, although torn on which way the decision will go, are leaning strongly towards a call for no change.

Debt Rescue CEO Neil Roets said on Thursday there is a strong probability that the repo rate will remain unchanged in light of the recent unemployment stats.

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