Despite the fact that most of the key rates policy rates remained unchanged as expect, the benchmark indices corrected by around 2% with the banking and real estate sectors plummeting the most. This is mainly because of the fact that the policy sets a tone for the beginning of the reversal of Monetary Easing.
Please use the following link to download our group's report which would highlight some of the key aspects of the credit policy and why I believe that markets will correct further from here.
Happy Investing
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