The benchmark interest rate in South Africa was last recorded at 7.75 percent. This page provides - South Africa Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The central bank unexpectedly slashed rates by a half-point to 6.5%, a 30-year low, to buoy the economic recovery. "Despite clear signs that the economy has emerged from the recession, the pace of recovery is expected to remain slow," Reserve Bank Gov. Gill Marcus said. The central ...
Current and historical interest rates of the major central banks worldwide On this page you will find an overview of the current interest rates of a large number of central banks. You find the latest rates for each central bank and the most recent interest rate change. Clicking on the ...
Against most expert’s predictions, the MPC decided to raise interest rates by 50 basis points at their last meeting. To the dismay of manySouth Africans, the MPC might be poised to deliver yet another interest rate hike at the upcoming meeting in May. READ:3 ways to navigate interest rate...
"Between the weaker rand, rising international interest rates and massive fuel price hikes on the horizon – which will likely push inflation over the SARB’s 6% upper limit – there was little else the MPC could reasonably do," says Clarke. ...
Lesetja Kganyago, governor of South Africa's central bank, speaks during a news conference to announce interest rates in Pretoria© Bloomberg Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. ...
Overview Latest News Interest Rate forecasts and outlook for United States Federal Funds Target Rate in United States The US Federal Reserve's policy rates from 2013 to 2022 saw a cycle of hiking, lowering, and again hiking. Post-financial crisis, rates were kept near zero until 2015, when...
South Africa Producer Inflation Hits 5-Month High Germany 10-Year Bond Yield Near 2-Week Lows Iceland Posts Lowest Inflation Rate in 4 Years Euro Area Household Credit Growth Accelerates Slovakia Consumer Confidence at 21-Month Low Italy Business Pessimism Softens as Expected Poland Q4 GDP Growth ...
In the past few days, news has spread about the desire of many countries to join the BRICS, an international cooperative composed of five emerging economies, including Brazil, Russia, India, China, and South Africa. More than 40 countries have expressed their interest in joining the group, acc...
Interest rate hike: Homeowners, here's how you can stay ahead of repayments : The steep rise in interest rates will have impacted many households’ budgets. For some, this might simply require some readjusting of certain behaviours to rectify their fina