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South Africa keen to utilise new ECB repo lines, central bank governor says

South Africa would be ‍keen to utilise new European ‍Central Bank repo lines if available, the country's central bank head Lesetja Kganyago said on Saturday, adding that his country's ​interest-rate-cutting cycle still had some way to go. ECB President Christine Lagarde said this week the bank was planning to make its repo liquidity lines cheaper and easier ⁠to access in an effort to boost the euro's international role.  [...]