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FILE: Picture: Supplied.

Repo rate remains unchanged

#RandReport: Rand firms on rate hold, dollar ebbs

By Reuters

The central bank left its benchmark repo rate at 6.5% on Thursday, with the bank’s governor striking a more hawkish note than at the last rate meeting in July.

  • FILE: Picture: EWN.

    #RandReport: Rand slightly stronger as Reserve Bank holds rates

    The rand’s gains mean it is now up almost 3% since the end of last week.

    1061 days ago
  • FILE: South African Reserve Bank governor Lesetja Kganyago. Picture: AFP.

    Possible rating downgrades, struggling SOEs led to repo rate remaining unchanged

    Reserve Bank Governor Lesetja Kganyago has announced the outcome of the MPC's meeting, saying while there are a number of concerns including political instability growth is expected to improve this year.

    1187 days ago
  • FILE: South African Reserve Bank Governor Lesetja Kganyago. Picture: AFP.

    Kganyago reaffirms independence of Sarb

    Governor Lesetja Kganyago announced earlier on Thursday that the repo rate would remain unchanged at 6.75%.

    1243 days ago
  • FILE: Lesetja Kganyago, Governor of South African Reserve Bank. Picture: World Economic Forum.

    Sarb still expected to cut repo rate later this year

    Economists say the rand and the risks such as political noise will playing a major role.

    1306 days ago
  • Reserve Bank Governor Lesetja Kganyago. Picture: EWN.

    Sarb taking cautious approach to repo rate - Kganyago

    Reserve Bank Governor Lesetja Kgayago says inflation, poor business confidence, and political pressures are still impacting on the country's economy.

    1306 days ago
  • South African Reserve Bank governor Lesetja Kganyago. Picture: GovermentZA

    Kganyago: Recent political events hurting economic outlook

    The Reserve Bank governor says the benefits of stronger exchange rates and higher growth are being offset by the political situation in SA.

    1481 days ago
  • FILE: Reserve Bank Governor Lesetja Kganyago. Picture: Renart Toerien/EWN.

    Interest rate hiking cycle appears to be at an end - Kganyago

    The central bank's Lesetja Kganyago cited a stronger rand and decreasing food prices for the unchanged rate, but says that inflation is still a problem.

    1546 days ago
  • FILE: Reserve Bank Governor Lesetja Kganyago. Picture: Reinart Toerien/EWN

    SARB to hold rates steady - poll

    There is also agreement that inflation will peak in December and then slow within its target range of three to 6% next year.

    1614 days ago
  •  Picture: Christa Eybers/EWN.

    Widespread concern over SA's sluggish economic growth

    The South African Reserve Bank revised the country's growth outlook for this year to 0%.

    1733 days ago
  • Picture: EWN.

    Economists not surprised by revised growth outlook of 0%

    The South African Reserve Bank's MPC kept the repo rate unchanged.

    1733 days ago
  • Picture: Christa Eybers/EWN

    Rand strengthens against dollar, pound after Sarb leaves repo rate unchanged

    Governor Lesetja Kganyago says growth looks set to remain extremely low in the near term.

    1733 days ago
  • Picture: Christa Eybers/EWN

    Several factors hinder SA's economic growth

    Economists have raised concerns over issues affecting the country's economic growth.

    1796 days ago
  • Picture: Christa Eybers/EWN

    'Expect a repo rate rise within the next year'

    Economists predict the Reserve Bank will hike the rate in the second quarter of 2016.

    2035 days ago
  • Newly appointed Reserve Bank governor Lesetja Kganyago at his appointment in Pretoria on 06 October 2014. Picture: Reinart Toerien/EWN.

    Sarb worried about SA's economic situation

    Lesetja Kganyago says the MPC was unanimous when deciding to keep the repo rate unchanged.

    2035 days ago
  • Newly appointed Reserve Bank governor Lesetja Kganyago at his appointment in Pretoria on 6 October 2014. Picture: Reinart Toerien/EWN

    Unchanged repo rate welcomed

    Widespread approval follows Reserve Bank Governor Lesetja Kganyago's decision to keep the rate unchanged.

    2342 days ago
  • «
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