The Reserve Bank's acknowledgment that a rate hike had been discussed extensively has caused the rand to strengthen and bond yields to go up.
The repo rate will remain unchanged at 5%, meaning that the prime lending rate from banks to consumers will stay at 8.5%, says Gill Marcus.
Governor Gill Marcus says the South African Reserve Bank will maintain the current repo rate.
Reserve Bank Governor Gill Marcus says rising inflationary risks from a weaker rand and a slowing economy are limiting room to adjust interest rates.
Cosatu says the South African Reserve Bank has "missed yet another opportunity" to alleviate unemployment by keeping the repo rate unchanged.
A flailing rand dogged by labour unrest and the threat of unreasonably high wages has prompted the SA Reserve Bank to keep the repo rate unchanged.
As expected, the reserve bank left the repo rate unchanged at 5% at its monetary policy committee (MPC) meeting.
Following its monetary police committee's three-day meeting, the South African Reserve Bank has left the repo rate at 5% for the third time.
The Reserve Bank's monetary policy committee has kept the repo rate unchanged at 5%.
The South African Reserve Bank has announced it would stick to its accommodative stance on monetary policy.
Food and petrol price rises are expected to pose the greatest risk to inflation in the near future.
The South African Reserve Bank has left the repo rate unchanged at 5%, saying there was no need for more monetary loosening.
The monetary policy committee on Thursday decided to leave the repo rate -- at which the Reserve Bank lends to commercial bank at 5.5%.
Reserve Bank governor Gill Marcus has again announced interest rates will remain unchanged at 5.5%.
The South African Reserve Bank will leave interest rates unchanged for the foreseeable future should economic conditions persist, economists predict.
The South African Reserve Bank's monetary policy committee has announced that the repo rate needs to remain constant to build a "stable" environment.
Fedusa says the South African Reserve Bank should cut the repo rate by at least 100 basis points to stimulate the economy and create jobs.
The South African Reserve Bank has left the repo rate unchanged at 5.5%.
While the Reserve Bank has left the repo rate unchanged at 5.5%, economists warn that inflation will further pressurise the country's economy.