Latest articles on Repo Rate

Further Reserve Bank repo rate cut unlikely this year

The central bank estimates that gross domestic product (GDP) to contract by 8.2% in 2020

The repo rate remains unchanged at 3.5%

Three members of the South African Reserve Bank’s Monetary Policy Committee(MPC) have decided to keep rates unchanged at 3.5%

Repo rate falls to 3.5% — its lowest since 1998

Repo rate drops to 3.5% as Reserve Bank predicts a 7.3% contraction in South Africa’s GDP

‘Don’t be afraid of fresh ideas’

The finance minister has found money for the Covid crisis, but the cupboard is bare and he warns that a fiscal crisis is possible in 2024

Reserve Bank cuts repo rate by 50 basis points

The Monetary Policy Committee has cut the repurchase rate by a further 50 basis points, after a two consecutive cuts of 100 basis points earlier this year

Covid-19 economic relief package gets a R800-billion boost

Finance Minister Tito Mboweni has outlined the fiscal and monetary policy interventions implemented by the government in its fight against Covid-19

GDP to contract 6.1% — Reserve Bank

The central bank warns of the harmful effect of Covid-19 on the economy, while the treasury details more plans to ease the pain

Repo rate cut by 100 basis points

This takes the rate to 5.25% per annum, from 6.25%

Reserve bank unanimously decides to cut the repo rate

The South African Reserve Bank’s monetary policy committee has unanimously decided to reduce the repo rate by 25 basis points, to 6.25%. This is...

Reserve Bank keeps repo rate unchanged

Although economists say there is room now for SARB to cut the repo rate in order to strengthen the economy - the central bank kept it unchanged

Reserve Bank keeps repo rate unchanged at 6.5%

The rate also helps target inflation. The recent inflation rate is at 4.3% — which is well within the central bank’s target of 3% - 6%

Reserve Bank cuts repo rate

In a move that will bring some relief to consumers the South African Reserve Bank (SARB) cut its repo rate on Thursday to 6.5% The...

Reserve Bank raises repo rate to 6.75%

Lesetja Kganyago says three of bank's monetary policy committee preferred an unchanged stance, while three voted for a 25 basis point hike

Inflation rises slightly to 5.1% in October — Stats SA

The South African Reserve Bank's monetary policy committee will be announcing its repo rate decision on Thursday

Repo rate stays put amid concerns over growth

Governor Lesetja Kganyago warns of upward pressure on inflation and the challenging outlook for domestic growth

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