What is the Jibar - FM.co.za

What is the Jibar
FM.co.za
The Johannesburg interbank agreed rate (Jibar) is used as “the barometer of short-term interest rate movements” in SA financial markets. The three-month Jibar is the benchmark rate. The UK equivalent is Libor, the London interbank offered rate.

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African Top Central Banks Turn on Governments to Curb Prices - BusinessWeek

African Top Central Banks Turn on Governments to Curb Prices
BusinessWeek
The yield on the forward-rate agreement due in 12 months has gained 12 basis points this year to 5.87 percent. “The Reserve Bank is constrained,” Matthew Sharratt, an economist at Bank of America Merrill Lynch, said in an interview in Johannesburg.

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