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The South African Reserve Bank held its main repo rate at 7.5% on Thursday, as tensions with the U.S. continue to rise amid escalating global uncertainty. On Friday, U.S. Secretary of State Marco ...
The repo rate is the rate at which the South African Reserve Bank lends money to commercial banks. This mechanism affects the cost of borrowing across the economy. When the Reserve Bank reduces ...
Economists predicted that the Reserve Bank would keep the repo rate unchanged due to geopolitical risks and low economic growth in SA.
Economists at Nedbank say South Africans should not hold out any hope for further interest rate cuts in 2025, with the South African Reserve ... left the repo rate at 7.50% at its March meeting ...
JOHANNESBURG, March 20 (Xinhua) -- The South African Reserve Bank (SARB) has kept the repo rate unchanged at 7.5 percent due to inflation remaining within the target range, the central bank ...
Reserve Bank Governor Lesetja Kganyago says the country has made significant progress in lowering inflation—but warns that risks remain.
The South African Reserve Bank’s split decision to keep the repo rate at 7.50% was in line with the median forecast of economists polled by Reuters and follows rate cuts at the previous ...
The Reserve Bank’s Monetary Policy Review considered various scenarios based on the US import tariffs and the end of Agoa.
3d
AllAfrica on MSNBank of Namibia Keeps Repo Rate At 6.75 PercentThe Bank of Namibia on Wednesday maintained its repo rate at 6.75%.The decision, taken by the bank's Monetary Policy Committee (MPC), is aimed at safeguarding the peg between the Namibia dollar and ...
The South African Reserve Bank's split decision to keep the repo rate at 7.50% was ... had missed an opportunity to cut rates given rand stability and the current level of inflation.
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