The unchanged repo rate coupled with the upcoming 0.5% VAT increase is a double blow for consumers who are battling high debt levels as well as high prices and income that does not keep up with ...

An economist believes the Reserve Bank might consider lowering the repo rate at its next Monetary Policy Committee meeting in July. @SAReserveBank Homeowners and indebted consumers did not get ...

JOHANNESBURG, March 20 (Xinhua) -- The South African Reserve Bank (SARB) has kept the repo rate unchanged at 7.5 percent due to inflation remaining within the target range, the central bank ...

The South African Reserve Bank kept the repo rate at 7.5%, maintaining the prime lending rate at 11%, as inflation remains contained and growth projections for 2025 show a slight decline. Eskom has ...

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The RBI had initiated the repo rate-cut cycle in February. The repo rate was cut by 25 basis points (bps) to 6.25% from 6.5% on February 7, 2025. US Fed Chair Jerome Powell’s comments on the ...

Repo rate cuts by the Reserve Bank of India (RBI) have a direct impact on personal loan interest rate and EMIs (Equated Monthly Installments). The interest rate at which the RBI lends to ...

JOHANNESBURG, March 20 (Xinhua) -- The South African Reserve Bank (SARB) has kept the repo rate unchanged at 7.5 percent due to inflation remaining within the target range, the central bank announced ...

He said four members of the MPC preferred keeping the rate steady, while two favoured a 25 basis point cut. Kganyago said the decision comes amid risks to the economic forecast on both the ...

The central bank's monetary policy committee, which meets every six weeks to set borrowing costs, voted 8-1 to keep the bank rate unchanged at 4.5%. Although the decision was widely expected ...

BUSINESS NEWS - The Reserve Bank has decided to keep the repo rate unchanged, as economists expected, despite inflation remaining at 3.2% for the second month in February. South African Reserve Bank ...