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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.
JOHANNESBURG—The South African Reserve Bank on Thursday maintained its main repo rate at 8.25% in an effort to keep inflation in check amid general uncertainty at home and abroad.
All but two of 22 economists surveyed in the past week said the South African Reserve Bank (SARB) would cut rates by 25 basis points (bps) to 7.75% at its Nov. 21 meeting. Two expected a 50bps cut.
South Africa's Reserve Bank is expected to cut interest rates for the first time in more than two years - by 25 basis points to 8.00% - on Sept. 19, according to a Reuters poll of economists who ...
JOHANNESBURG (Reuters) - The South African Reserve Bank (SARB) will likely keep interest rates steady at its March 20 meeting as global trade risks and battles over the national budget keep ...
Reverse Text: TEN SHILLINGS / SOUTH AFRICAN RESERVE BANK / SUID-AFRIKAANSE RESERWE- BANK / TIEN SHILLINGS / EX UNITATE VIRES Location Currently not on view Credit Line Catherine Bullowa date made 1938 ...
The following year, he became South Africa’s first African president and served until 1999. Mandela first appeared on South African banknotes during his lifetime in 2012. Location Currently not on ...
By Alexandra Wexler 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.
South African Reserve Bank Governor Lesetja Kganyago said inflation could fall below 4% in coming months, creating more room for action after officials cut interest rates in September.
The South African Reserve Bank has constructed a new inflation measure to monitor underlying price developments that will help support monetary policy decision making. Supercore inflation is made ...