Business Update - China’s Central Bank Considering Which Interest Rate To Use

#KayaBiz host Nzinga Qunta spoke to Fresh and Thato on China’s central bank is thinking about changing which interest rate it uses as its main steering rate, switching from the seven-day lending rate it has relied on since 2024 to an overnight one. They also discussed The South African Reserve Bank's launch of a plan try make sure that cash remains accessible with the increase in digital payment