Shortly after inflation dipped to 4.4%, the repo rate has been cut by 25 points, which moves the lending rate to 11.5%.
There are scenarios where inflation could undershoot the baseline focus, if oil prices are lower or the exchange rate ...
On a year-on-year (y-o-y) seasonally adjusted basis (i.e., comparing July 2024 to July 2023), total mining production ...
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South Africa central bank joins rate cut movementSouth Africa’s central bank cut its benchmark interest rate for the first time since 2020 on Thursday, joining other nations in reducing borrowing costs as inflation eases. Central banks worldwide ...
South Africa's central bank cut its benchmark interest rate for the first time since 2020 on Thursday, joining other nations in reducing borrowing costs as inflation eases.
USD/ZAR slipped lower on Thursday as South African rand firmed further against greenback after South Africas central bank cut ...
The decision to cut the repo rate signals a shift towards a more accommodative monetary policy stance in light of favorable ...
South Africa's central bank struck a measured tone after its first rate cut in more than four years on Thursday, saying ...
The South African rand gained in early trade on Thursday after a super-sized interest rate cut by the U.S. Federal Reserve, and as local investors awaited a rate decision by the South African Reserve ...
SARB cut its main benchmark rate by a quarter percentage point to 8%.
JOHANNESBURG--The South African Reserve Bank cut its main repo rate on Thursday, the first central bank to follow the Federal Reserve's move to lower borrowing costs.
JOHANNESBURG--The South African Reserve Bank cut its main repo rate on Thursday, the first central bank to follow the Federal Reserve's move to lower borrowing costs.
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