SA's credit growth quickens to 8.8% in March

Filomena Scalise

Filomena Scalise

Published Apr 30, 2014

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Johannesburg - Growth in credit demand from South Africa's private sector quickened to 8.84 percent in March, from 8.67 percent in February, data from the Reserve Bank showed on Wednesday.

Expansion in the broadly defined M3 measure of money supply accelerated to 7.86 percent, from 5.93 percent the previous month. - Reuters

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