SA's credit growth quickens to 8.16%

Filomena Scalise

Filomena Scalise

Published Feb 28, 2014

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Johannesburg - Growth in credit demand from South Africa's private sector quickened to 8.16 percent year-on-year in January from 6.14 percent in December, data from the Reserve Bank showed on Friday.

Expansion in the broadly defined M3 measure of money supply also quickened to 6.41 percent from 6.15 percent the previous month. - Reuters

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