The South African rand edged up on Wednesday after steady domestic inflation data and stronger-than-expected retail sales ...

The South African rand was down marginally on Tuesday, despite fragile risk sentiment driven by the Israel-Iran conflict, and ...

The central bank recently downgraded its 2025 growth forecast from 1.7% to 1.2%. The South African Reserve Bank reduced its key interest rate by 25 basis points to 7.25%, with unanimous backing from ...

The Monetary Policy Committee (MPC) under the chairmanship of Sanjay Malhotra, Governor, Reserve Bank of India on Friday (June 6, 2025) voted to reduce the policy repo rate by 50 basis points (bps) to ...

Forward-looking regulation would enable the growth of a domestic digital asset ecosystem, unlock new investment and tax ...

JOHANNESBURG, June 5 (Reuters) - The South African rand was weaker in early trade on Thursday, ahead of local first-quarter current account data. At 0551 GMT the rand traded at 17.8425 against the ...

At 0551 GMT the rand traded at 17.8425 against the dollar, about 0.2% weaker than Wednesday's close. The South African Reserve Bank will publish the country's first-quarter current account data at ...

What’s going on here? S&P Global Ratings affirmed South Africa's 'BB-/B' foreign currency rating, maintaining a 'positive' outlook and hinting at a possible upgrade within the coming year. S&P ...

Observers had expected a lengthy day and multiple voting rounds. Instead, by midday on 29 May, after only three ballots, shareholders of the African Development Bank (AfDB) had elected their new ...

The performance followed a long-anticipated 25 basis point cut in the repo rate by the South African Reserve Bank (SARB), a policy shift welcomed by the automotive sector as a boost to affordability, ...

The account, held by the South African Reserve Bank (SARB), is meant to protect the country against foreign exchange fluctuations. There is currently around R390 billion in the account.