STAFF REPORTER The Bank of Namibia (BoN) has lowered its repo rate by 25 basis points this week, citing the need to maintain the currency peg with South Africa and address a widening trade deficit.
South Africa's rand was steady in early trade on Wednesday, as markets processed U.S. Federal Reserve Chair Jerome Powell's ...
The BofA Securities report maintained that growth and inflation data both point towards the need to ease monetary conditions, while projecting a 25 bp repo rate cut to 6.25 per cent in February MPC.
suggesting that the lowered repo rate was a much-needed elixir for South African consumers. Independent Online, popularly known as IOL, is one of South Africa’s leading news and information ...
The Reserve Bank governor warned that there are many global risks that will prevent the bank from cutting the repo rate again this ... and a decline in South Africa’s U.S. dollar-denominated ...
In Kazakhstan, interest rates decisions are taken by The National Bank of Kazakhstan. The National Bank of Kazakhstan official interest rate is the overnight policy rate. Policymakers set the ...
CAPE TOWN - The South African Reserve Bank reduced its repo rate by 25 basis points yesterday during the third Monetary Policy Committee meeting. Experts say this is a good time to enter the ...
The repo rate is the interest rate at which the RBI lends money to commercial banks when they need funds. Think of it as a short-term loan that banks take from the RBI. When the repo rate is high, ...
An analysis of those countries’ vehicle export penetration rates into global markets, including South Africa, underscores a rule of thumb around steel supply being a competitive driver for ...
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to ...
The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) has reduced the repo ... Interest rate hikes to counter inflationary pressures Conversely, the SARB also analyzed the impact of ...
Frank Blackmore, Lead Economist at KPMG South Africa MPC Reaction said that the Monetary Policy Committee (MPC) of SARB has decided to reduce the repo rate by a further 25 basis points.