South African Reserve Bank Governor, Lesetja Kganyago ... percentage points on the back of lower inflation and a stronger rand. At the same time, Kganyago, said that the inflation target should ...

The South African rand strengthened against a weaker dollar on Monday, shrugging off a further decline in local manufacturing ...

At 1533 GMT, the rand traded at 17.86 against the dollar , about 0.2% weaker than its previous close. Sign up here. The South African Reserve Bank will announce its monetary policy decision on ...

At 0645 GMT, the rand traded at 17.9725 against the dollar , a whisker away from Tuesday's closing level. Sign up here. The South African Reserve Bank will announce its latest monetary policy ...

South African Reserve Bank governor Lesetja Kganyago has announced that the Interest rates will drop by 0. 25 percentage points.

At 0827 GMT, the rand traded at 17.9225 against the dollar, about 0.3% softer than its previous close. Economists polled by Reuters expect the South African Reserve Bank (SARB) to cut its main ...

South African Rand coins are seen in this illustration picture taken October 28, 2020. REUTERS/Mike Hutchings/Illustration/File Photo JOHANNESBURG, May 26 (Reuters) – The South African rand was ...

JOHANNESBURG - The South African rand held most of the previous day's gains in early trade on Friday, after the central bank stressed its strong preference for a lower inflation target at a monetary ...

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African Bank has significantly expanded its operations since 2022, with multi-billion-rand deals involving ... placed under curatorship by the South African Reserve Bank (SARB) due to poor lending ...

The South African Reserve Bank (Sarb) Governor Lesetja Kganyago on ... cancelled," the governor said on Thursday. "The threat of rand depreciation that we warned of at the previous MPC meeting ...

With inflation at 2.8% in April and the rand currently trading under the ... of the Monetary Policy Committee (MPC) of the South African Reserve Bank (Sarb) and that it is unlikely to be a ...