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Tag: rate

SARB keeps rate on hold on well-anchored inflation expectations

The MPC unanimously decided to keep the policy rate unchanged at a historic low 3.5%, in line with expectations. Well anchored inflation expectations supported the decision. The SARB revised its inflation forecast...

Repo rate falls to, 3.5% — its lowest since 1998

The South African Reserve Bank (Sarb) has cut the repo rate by another 25 basis points, to 3.5% a year, from 3.75%. The repo rate determines the interest rate at which the central bank lends money...

Repo rate cut by 50 basis points

The South African Reserve Bank (SARB) has cut the Repurchase (repo) rate by 50 basis points. Effective 22 May 2020, the repo rate will be 3.75% per annum. SARB Governor Lesetja Kganyago made...

How to make the most of the latest interest rate cut

The South African Reserve Bank cut interest rates for the first time since March 2018 last Thursday, lowering rates by 25 basis points to 6.5%. This cut has led to banks...

Rand firmer as dollar falls on rate cut bets

The rand firmed early on Tuesday, boosted by a dollar slide to multi-month lows against other major currencies as investors looked to emerging markets in the wake of dovish turn by...

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The energy morass

CBN Editor Robin Hayes asks if foreign funded vested interests are at play. IT beggars belief that we have endured loadshedding for more than 14...

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