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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.
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.
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 ...
JOHANNESBURG, May 28 (Reuters) - The South African rand was flat in early trade, as traders held off from big bets before the central bank's interest rate decision on Thursday. At 0645 GMT, the ...
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 ...
The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) will be meeting next week to decide on its next move on interest rates, with economists divided between a hold and a cut.
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 ...
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African Bank readies digital lending business for SMEsAfrican Bank is 50% owned by the South African Reserve Bank, with the Government Employees Pension Fund owning 25%.A consortium of five South African banks holds the other 25% on a pro-rata basis ...
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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 ...
Sluggish growth prospects and a rise in unemployment have compelled the South African Reserve Bank (SARB) to cut the repo rate by 25 basis points to 7.25% effective today (Friday). In announcing ...
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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