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Photo: Kevin Lamarque/Reuters 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.
South African Reserve Bank Governor, Lesetja Kganyago, on Thursday announced that the Monetary Policy Committee had voted to cut the interest rate by 0.25 percentage points on the back of lower ...
The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) has voted to cut the country’s interest rates by 25 basis points. This brings the repo rate down to 7.25% and the prime ...
PRETORIA, May 29 (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.
The Excelerate strategy is the bank’s plan to offer an IPO, as the South African Reserve Bank plans to sell its stake in the bank after acquiring part of the bank a decade ago when it was placed ...
“This year we put out our first climate-risk scenario, common stress test, where we allow all of the banks to tell us how would they respond to a finance stress,” said South African Reserve ...
Economists polled by Reuters expect the South African Reserve Bank (SARB) to cut its main interest rate by 25 basis points to 7.25% on Thursday. South Africa’s inflation stayed below the SARB ...
The South African Reserve Bank (SARB) will announce its monetary policy decision on Thursday after pausing a rate-cutting cycle in March because of risks from U.S. President Donald Trump’s ...
JOHANNESBURG, May 26 (Reuters) - The South African rand weakened on Monday, with the central bank's interest rate decision likely to be the highlight this week. At 1533 GMT, the rand traded at 17. ...
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South African Reserve Bank Cuts Main Repo Rate to 7.25%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. Earlier this month, South African ...
the South African Reserve Bank (SARB) said, citing the fact that the value of goods exported had increased in rand terms. The local currency has been worth between just under R19 to the dollar at ...
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