Reserve Bank expected to stick to modest interest rate cut
WEB1 day ago · It will be the SARB’s first easing since the pandemic in 2020. A 50 basis-point cut by the Fed isn’t going to change that, according to economists at Rand Merchant Bank, who saw the six-member monetary policy committee constrained by the narrow gap between the US and South Africa’s real — or inflation-adjusted — rates of interest.
South Africa central bank joins easing club with 25 basis point …
WEB1 day ago · The South African Reserve Bank (SARB) lowered its main lending rate to 8% from 8.25% , opens new tab, as predicted by economists polled by Reuters, a day after data showed headline inflation fell ...
South African rand holds firm after first rate cut in four years
WEB1 day ago · The South African rand held onto early gains on Thursday following the South African Reserve Bank's (SARB) decision to cut interest rates for the first time in over four years, after a super-sized ...
Economists Split on How Deep South Africa’s Easing Cycle Will Be
WEB14 hours ago · Central Banks. Economists Split on How Deep South Africa’s Easing Cycle Will Be. RMB forecasts frugal cuts of 50 basis points until end 2025. Goldman Sachs sees 150 basis points in further SARB ...
South Africa Lowers Interest Rates for First Time Since 2020
WEB1 day ago · Save. South Africa’s central bank cut interest rates for the first time in four years and signaled a more optimistic outlook for inflation. The monetary policy committee reduced its benchmark ...
Rand Gains as South Africa Rate Cut, Weak Dollar Lifts Sentiment
WEB1 day ago · Lesetja Kganyago, governor of the South African Reserve Bank, announced a 25 basis-point reduction in the benchmark rate to 8%, in line with estimates of 21 of 22 economists surveyed by Bloomberg.
Newsroom - resbank.co.za
WEBThe newsroom section of the SARB website provides information on media briefings, speeches, publications, statistics and webcasts related to the bank's activities and policies. Find out the latest news and updates on the SARB's response to COVID-19, monetary policy, financial stability and more.
Home [www.resbank.co.za]
WEBThe SARB is the central bank of South Africa, responsible for monetary policy, financial stability, prudential regulation and more. Find out the latest news, events, statistics, research and currency information on the SARB website.
Repo rate increases by 25 basis points to 7.25% - SABC News
WEBJan 26, 2023 · The South African Reserve Bank (SARB) increased the repo rate by 25 basis points to 7.25% on January 27, 2023, as inflation remains above the target bracket. The Governor says monetary policy decisions will be data dependent and sensitive to the balance of risks to the outlook.
SOUTH AFRICA: SARB Cuts Rates By 25bp, Starting Its Easing Cycle
WEB20 hours ago · The South African Reserve Bank (SARB) kicked off its easing cycle with an expected 25bp cut to the repo rate, refusing to mimic the Fed's 50bp cut from the day before. The decision came on the back of below-forecast inflation outturn released Wednesday. Governor Lesetja Kganyago said that the MPC di...
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