SA Reserve Bank Seen Keeping Rates At 6.50% Next Week

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JOHANNESBURG: South Africa’s Reserve Bank will keep interest ratesunchanged next week as an anticipated quicker rise in consumer prices over the coming months won’t drive inflation above target, a Reuters poll showed Wednesday. All 25 economists surveyed in […]

SARB Leaves Repo Rate Unchanged

PICTURE: Business Day

The monetary policy committee (MPC) of the SA Reserve Bank (SARB) has decided to leave the repo rate unchanged at 6.75%. SARB governor Lesetja Kganyago said the upcoming ANC leadership election meeting in December is […]

Repo Rate Unchanged At 6.75% Per Annum

PICTURE: Business Day

The repo rate will remain unchanged at 6.75 percent per annum, South African Reserve Bank (Sarb) governor Lesetja Kganyago said on Thursday.   “The MPC has decided to keep the repurchase rate unchanged at 6.75 percent per […]