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South African Reserve Bank Maintains Main Repo Rate at 8.25%

South African Reserve Bank Maintains Main Repo Rate at 8.25%
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South African Reserve Bank Maintains Main Repo Rate at 8.25%

By Alexandra Wexler


JOHANNESBURG The South African Reserve Bank on Wednesday maintained its main repo rate at 8.25% in an effort to keep inflation in check amid a continuing electricity.
-March 27, 2024 at 09:42 am EDT
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South African rand firmed: Euro near three-week low

South African rand firmed on Wednesday after subdued U.S. labour data boosted bets that the Federal Reserve was done hiking interest rates.

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South African rand gains on bets Fed rate cut coming

JOHANNESBURG -The South African rand firmed on Wednesday after subdued U.S. labour data boosted bets that the Federal Reserve was done hiking interest rates and might start easing its monetary policy.

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