FNB says the hold on the repo rate maintains stability [SOUND]

# FNB says the South African Reserve Bank Monetary Policy Committee’s decision to keep the repo rate unchanged at seven-percent, is a sign of an emerging improved economy. The prime interest rate, the rate at which commercial banks lend to customers, is also unchanged at 10.50-percent. FNB’s Ester Ochse says keeping rates steady provides stability at a time when global and domestic conditions remain uncertain: