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Relief for South Africans
South African rand softens against the dollar
South Africa’s rand softened against the dollar on Monday, retreating from a fresh 20-month high it hit earlier in the session. At 0820 GMT, the rand traded at 17.455 against the greenback ZAR=D3, 0.27% weaker than its previous close.
South African Reserve Bank cuts interest rate
There was good news for South Africans in debt on Thursday when the SARB's monetary policy committee elected to cut the interest rate.
South African Reserve Bank Cuts Repo Rate to 8% in First Reduction Since 2020
The decision to cut the repo rate signals a shift towards a more accommodative monetary policy stance in light of favorable inflation trends and supportive economic indicators.
Independent Online on MSN
4d
Relief at last for South Africans as Reserve Bank cuts interest rate by 25 basis point
The
South
African
Reserve
Bank
’s (SARB) Monetary Policy Committee (MPC) has decided to finally cut the interest rate.
biznews.com
3d
EFF behind fresh attempt by politicians to control SA Reserve Bank – Patrick McLaughlin
Julius Malema has once again proposed nationalising the South African Reserve Bank (SARB), reigniting a contentious debate.
CNBC Africa
6h
South African Markets – Factors to watch on Sept 23
The following scheduled economic events, equity and currency market moves may affect South African markets on Monday.
3d
South African rand cools after strong gains in data-filled week
The South African rand softened in early trade on Friday, cooling off after strong gains in a week that saw interest rate ...
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