South African central bank governor's comments on rate decision
Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago at a news conference to announce the central bank's latest interest rate decision.
CNBC Africa15d
South Africa pauses rate cuts as trade and budget risks overshadow low inflation
The South African Reserve Bank’s split decision to keep the repo rate at 7.50% was in line with the median forecast of economists polled by Reuters and follows rate cuts at the previous ...
businesstech.co.za11d
South Africa’s big interest rate problem
Like many other global central banks, the South African Reserve Bank (SARB) is facing uncertainty in 2025 and is unlikely to announce any more rate cuts until markets have settled. On Thursday (20 ...
South African Reserve Bank hints at revising inflation target amid economic pressures
"SARB Governor Lesetja Kganyago has indicated the central bank is considering lowering its inflation target from the current midpoint of 4. 5% towards 3%, potentially aligning South Africa with other ...
Wall Street Journal15d
South African Reserve Bank Holds Main Repo Rate at 7.5% Amid Rising Uncertainty
The South African Reserve Bank held its main repo rate at 7.5% on Thursday, as tensions with the U.S. continue to rise amid escalating global uncertainty. On Friday, U.S. Secretary of State Marco ...
The Star15d
South African central bank keeps repo rate unchanged at 7.5 pct
JOHANNESBURG, March 20 (Xinhua) -- The South African Reserve Bank (SARB) has kept the repo rate unchanged at 7.5 percent due to inflation remaining within the target range, the central bank ...
South Africa inflation steady, central bank seen holding rates
South Africa's inflation rate was steady at 3.2% year on year in February, , the statistics agency said on Wednesday, a day ...