Repo rate remains unchanged
#RandReport: Rand firms on rate hold, dollar ebbs
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.
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#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.
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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.
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Kganyago reaffirms independence of Sarb
Governor Lesetja Kganyago announced earlier on Thursday that the repo rate would remain unchanged at 6.75%.
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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.
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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.
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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.
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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.
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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.
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Widespread concern over SA's sluggish economic growth
The South African Reserve Bank revised the country's growth outlook for this year to 0%.
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Economists not surprised by revised growth outlook of 0%
The South African Reserve Bank's MPC kept the repo rate unchanged.
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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.
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Several factors hinder SA's economic growth
Economists have raised concerns over issues affecting the country's economic growth.
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'Expect a repo rate rise within the next year'
Economists predict the Reserve Bank will hike the rate in the second quarter of 2016.
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Sarb worried about SA's economic situation
Lesetja Kganyago says the MPC was unanimous when deciding to keep the repo rate unchanged.
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Unchanged repo rate welcomed
Widespread approval follows Reserve Bank Governor Lesetja Kganyago's decision to keep the rate unchanged.
