The Trump administration’s 25% tariff on imports of vehicles and light trucks is bad news for South Africa’s auto manufacturing industry.
From September 16th of 2013, the official interest rate is the one-week auction repo rate. Until September 15th of 2013, the official interest rate was the refinancing rate, which was seen as a ...
ISTANBUL - Turkey's central bank said on Thursday that it suspended one-week repo auctions and hiked its overnight lending rate to 46%, in a move that economists say amounts to a tighter policy stance ...
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 ...
27, 2024, in central Denver. (AP Photo/David Zalubowski, File) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] Associated Press (AP) — The average rate on a 30-year mortgage in ...
With the US Fed on hold, will RBI ease further? After cutting the repo rate to 6.25% last month, the first in nearly five years, markets are watching for the central bank's next move. Listen to Story ...
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 ...
Economists predicted that the Reserve Bank would keep the repo rate unchanged due to geopolitical risks and low economic growth in SA. The Reserve Bank has decided to keep the repo rate unchanged ...
The South African Reserve Bank held its main repo rate at 7.5% on Thursday, as tensions with the U.S. continue to rise amid escalating global uncertainty. On Friday, U.S. Secretary of State Marco ...
Albert Einstein is rumoured to have said “Insanity is doing the same thing over and over and expecting different results”. Three months ago at an event hosted by Wits School of Governance... Dollar ...
The world’s lowest interest rate is no longer in Japan but Switzerland after the Swiss National Bank cut rates by a quarter-point on Thursday. The SNB took its key rate down to 0.25% ...