Reserve Bank expected to stick to modest interest rate cut
WEB1 day ago · For more financial news, go to the News24 Business front page. The SA Reserve Bank will likely lower interest rates by 25 basis points (bps) on Thursday, despite a larger-than-expected overnight move by the Federal Reserve as it turns the screws on inflation. Almost all of the 24 economists surveyed …
Rand Gains With SARB Poised For First Rate Cut in Four Years
WEB1 day ago · The rand gained Thursday morning ahead of a South African Reserve Bank interest rate decision, where the central bank is expected to deliver its first cut since July 2020. The currencystrengthened ...
SARB finally announces rate cut - MSN
WEBS outh African Reserve Bank (SARB) Governor Lesetja Kganyago today announced a cut in the repurchase rate (repo rate) for the country. Kganyago said the central bank is cutting the repo rate by 25 ...
WATCH: Sarb announces September repo rate decision
WEB1 day ago · WATCH: Sarb announces September repo rate decision. Lesetja Kganyago’s address set for 3pm. By Moneyweb 19 Sep 2024 14:50. Lesetja Kganyago, Sarb governor. Image: Bloomberg.
Rand Gains as South Africa Rate Cut, Weak Dollar Lifts Sentiment
WEB1 day ago · Colleen Goko. Thu, Sep 19, 2024, 11:35 AM 1 min read. (Bloomberg) -- The rand strengthened Thursday, as sentiment was boosted by the dollar’s pullback and South Africa’s first interest-rate ...
Watch What to Expect From the SARB’s Rate Decision - Bloomberg
WEB1 day ago · What to Expect From the SARB’s Rate Decision. 00:00 Paying close attention, obviously, to this inflation data, as all central banks are around the world coming in at 4.4%. Of course, just below ...
SARB to reveal repo rate decision amidst divided economists - SABC News ...
WEBJul 20, 2023 · The South African Reserve Bank (SARB) is set to make a critical announcement Thursday afternoon regarding its decision on the repo rate, leaving economists split on whether the Monetary Policy Committee (MPC) will opt to pause rate hikes or implement a 25 basis point increase.
Home [www.resbank.co.za]
WEBThe SARB has upgraded the country’s banknotes and renewed the coin series in line with international best practice. Download the SARB Currency App or click here to find out more. To enhance your experience update your browser to the latest version of Chrome, Edge, Firefox or Safari.
Repo rate increases by 25 basis points to 7.25% - SABC News
WEBJan 26, 2023 · South African Reserve Bank (SARB) Governor Lesetja Kganyago says the MPC decided to raise the repurchase rate by 25 basis points to 7.25% per year, effective January 27, 2023. This comes as inflation remains above the central bank’s target bracket.
Rand gains with SARB poised for first rate cut in four years
WEB1 day ago · Click Here. The rand gained Thursday morning ahead of a South African Reserve Bank interest rate decision, where the central bank is expected to deliver its first cut since July 2020. The currency ...