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The South African Reserve Bank cut its main repo rate by 25 basis points to 7.25% on Thursday, as tensions with the U.S. continue amid ongoing global uncertainty.
PRETORIA (Reuters) -Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago at a news conference to announce the central bank's latest interest rate decision. INFLATION ...
Monetary Policy Committee (MPC) has decided to reduce the repo rate by 25 basis points, with effect from 30 May.
JOHANNESBURG--The South African Reserve Bank held its main repo rate at 7.5% on Thursday, as tensions with the U.S. continue to rise amid escalating global uncertainty. On Friday, U.S. Secretary ...
Our simple guide and converter will assist you instantly. The Comorian Franc (KMF) is the official currency of Comoros, an ...
The fuel levy increases will compound existing cost pressures for SMEs, particularly those in logistics, manufacturing, and ...
JOHANNESBURG, March 20 (Xinhua) -- The South African Reserve Bank (SARB) has kept the repo rate unchanged at 7.5 percent due to inflation remaining within the target range, the central bank ...
South Africa’s inflation-targeting regime is formally structured as a range of 3.0% to 6.0%, jointly articulated by the South African Reserve Bank (SARB) and the National Treasury. Although never ...
This pivotal decision comes hand-in-hand with the proposal to lower the inflation target to 3%, promising a transition ...
Photo: Kevin Lamarque/Reuters The South African Reserve Bank cut its main repo rate by 25 basis points ... U.S. But the meeting devolved into a tense exchange over perceived threats to white ...
The announcement comes as the bank foresees lower global interest rates and a weaker outlook for the local economy ...
The South African Reserve Bank's (SARB) Monetary Policy Committee ... This reflects the lower starting point, as well as a stronger exchange rate assumption and lower world oil prices.