Interest rates
Interest rate cuts unlikely this year, say economists
The Reserve Bank has projected two increases of 25 basis points in the second and third quarter of this year.
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Repo rate to remain unchanged at 3.5%
This come after the bank's Monetary Policy Committee cut the repo rate by 275 basis points last year to try and counter the effects of negative growth due to COVID-19.
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Reserve Bank keeps repo rate unchanged at 3.5%
Prior to Thursday's announcement, the bank's Monetary Policy Committee had cut the repo rate by 275 basis points this year to try and counter the effects of negative growth due to COVID-19.
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Reserve Bank cuts repo rate 25 basis points to 3.5%
The South African Reserve Bank Governor Lesetja Kganyago made the announcement on Thursday.
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Economists predict further repo rate cuts
The Reserve Bank announced on Thursday that it had cut the repo rate by 50 basis points to 3.75% in order to promote growth.
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Kganyago expects economy to bounce back in 2021
South African Reserve Bank Governor Lesetja Kganyago said that inflation was stable and growth needed to be boosted.
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Reserve Bank cuts repo rate to 4.25%
SA Reserve Bank Governor Lesetja Kganyago said that inflation was under control for now but this could change and the bank has needed to act.
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Repo rate reduction seen as good move for economy
Reserve Bank Governor Lesetja Kganyago announced a reduction in the repo rate of 100 basis points to 5.25%.
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Poll: Reserve Bank to keep repo rate at 6.5%
All but three of the 24 economists surveyed over the past three days said the repo rate would be kept unchanged at 6.5% on 16 January.
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Repo rate to remain unchanged at 6.5%
The repo rate is the rate at which the central bank lends money to commercial banks.
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Repo rate to remain unchanged at 6.5%
The repo rate is the rate at which the central bank lends money to commercial banks.
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New Zealand's central bank stuns markets with 50-basis points rate cut
The Reserve Bank of New Zealand’s forecasts released with the statement show another cut is possible by the end of the year which would take the OCR below 1%.
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Sarb governor says will look to keep lending rates predictable
The country suffered a decline in the first-quarter economic growth of 3.2%, the worst in a decade, as power outages by state utility Eskom hit mining, manufacturing and retailers.
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Repo rate cut to 6.5%
The repo rate is the rate at which the central bank lends money to commercial banks.
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Overburdened consumers hoping for interest rates cut
Economists believed the central bank would cut rates by 25 basis point to help boost the sluggish economy.
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Reserve Bank expected to cut rates next week
Twenty-four of 30 economists in the survey taken over the past three days said the repo rate would be cut by 25 basis points to 6.50% on 18 July.
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Reserve Bank leaves repo rate unchanged at 6.75%
Reserve Bank governor Lesetja Kganyago announced the decision of the bank's Monetary Police Committee on Thursday afternoon.
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[ALERT] Reserve Bank leaves repo rate unchanged at 6.5%
The repo rate has been at 6.5% since March this year when it was cut by 25 basis points.
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[ALERT] Reserve Bank keeps repo rate unchanged at 6.5%
Reserve Bank governor Lesetja Kganyago made the announcement in Pretoria this afternoon.
