Archive for July 30th, 2008
Wednesday, July 30th, 2008
SA credit growth remains high
By Kevin Lings
In June 2008, SA growth in broad money supply (M3) was recorded at 20.28% y/y, down fractionally from 20.9% y/y in May. The market was expecting growth of 20.14% y/y. In June, claims on the private sector rose by a substantial R38.2bn. Overall, M3 growth remains high, although there is some evidence to […]
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