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 Korea's central bank responded to economic headwinds by cutting its key interest rate to 2.5% and sharply reducing its 2025 growth forecast to 0.8%. The moves aim to counter the impact of US ...

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.

SEOUL, South Korea (AP) — South Korea’s central bank cut its key interest rate and sharply lowered its growth outlook for the country’s economy in 2025, as it moved Thursday to counter U.S. ...

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The South African Reserve Bank (Sarb) Governor Lesetja Kganyago on Thursday announced a cut to the repurchase rate (repo rate) by 25 basis points (BPS). This comes after the central bank's ...

The South African Reserve Bank, meanwhile, was expected to cut its benchmark repo rate by 25 basis points to 7.25% on Thursday as inflation is well below the midpoint of the central bank's target ...

The South African Reserve Bank looks set to ease borrowing costs on Thursday to support a faltering economy, before pausing to assess any further fallout from US President Donald Trump’s trade war.

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