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The South African Reserve Bank (SARB) cut its repo rate by 25 basis points (bps) to 7.25% , opens new tab, lowering its inflation and economic growth forecasts for this year and next. Sign up here ...
The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) has decided to finally cut the interest rate.The repo rate was cut by 25 basis points (bps) and will fall from 8.25% to 8%.
The decision to lower the repo rate , opens new tab by 25 basis points (bps) to 7.75% was unanimous, with no discussion about a larger 50 bps cut, South African Reserve Bank Governor Lesetja ...
South African Reserve Bank (SARB) Governor Lesetja Kganyago has said the bank wants to see inflation sustainably around the midpoint of its target range before considering rate cuts.
JOHANNESBURG--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 ...
The Bank for International Settlements (BIS) and the South African Reserve Bank (SARB) today launched the sixth edition of the G20 TechSprint focused on developing innovative solutions to promote ...
South Africa's Finance Minister Enoch Godongwana sits on the day of his 2025 budget speech in Cape Town, South Africa, March 12, 2025. REUTERS/Esa Alexander By Vuyani Ndaba ...
The South African Reserve Bank (SARB) will announce its interest rate decision at around 1300 GMT. All 23 economists polled by Reuters forecast that the bank will keep its repo rate steady at 8.25%.
JOHANNESBURG--The South African Reserve Bank cut its main repo rate by 25 basis points on Thursday to 7.75% as inflation continues to ease. SARB Governor Lesetja Kganyago maintained that rates ...
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 disappointing economic performance.