SARB keeps repo rate unchanged at 6.5%

The SARB has hit pause on local interest rates - keeping it at 6.5%. This, as the economy slipped into a technical recession and as the bank expects inflation for the year to average at 4.8%. but with investor sentiment towards emerging markets posing significant risk to the local unit, it still puts the spotlight on upward inflationary pressure... So given the risks Chief Emerging Market's analyst at SEB, Per Hammalund joined Business Day TV on the line now with his take on Thursday's call.