Repo Rate

SA Reserve Bank Cuts Repo Rate

The South African Reserve Bank's monetary policy committee has cut the benchmark repo rate by 25 basis points to 6.5% from 6.75%. This is the first time since March 2018 that the benchmark interest rate has been cut. The central bank's g...

Joburg Post·almost 5 years ago

South Africans' tough times are set to be lasting, as Reserve Bank hikes repo rate

Consumers will have to restructure their budgets once more to accommodate the new repo rate. This comes as the South African Reserve Bank (SARB) has increased the repo rate by a an overwhelming 50 basis points, leaving its at an all time...

Tshegofatso Makola·about 1 year ago

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