The rand broke through 18.00 to a dollar on Thursday afternoon after the monetary policy committee cut interest rates by only 25 basis points.

News24

South Africa

News24 | Rand bounces after small rate cut, bitcoin surges on Trump crypto deal

Media Bias/Fact Check

24.com

South African Reserve Bank Governor Lesetja Kganyago has announced a cut in the repurchase rate (repo rate) in the country. Governor Lesetja Kganyago presenting the MPC results. Picture: Simphiwe Mbokazi, Independent Newspapers. SOUTH African Reserve Bank (SARB) Governor Lesetja Kganyago on Thursday announced a cut in the repurchase rate (repo rate) in the country. Kganyago […]

Sekunjalo Investments

SA Reserve Bank cuts interest rate ahead of festive season

The South African Reserve Bank’s monetary policy committee decided unanimously to cut the repo rate by 25 basis points to 7.75% on Thursday.

Times Live

Johannesburg

City of Johannesburg Metropolitan Municipality

Gauteng

Reserve Bank MPC deals repo rate another cut

South Africa's central bank on Thursday cut its benchmark interest rate by 25 basis points to 7.75 percent, adopting caution amid mixed data and global uncertainty. "I think 25 basis points is cautious, and the environment is uncertain, and it calls for caution," he said.

Legit.ng - Nigeria news.

Ikeja

Lagos

Nigeria

S.Africa central bank cuts interest rate to 7.75 percent

The South African Reserve Bank’s (SARB’s) monetary policy committee (MPC) met for the final time this year on Thursday, 21 November. And after a financially difficult year for many, there was GOOD news for those South Africans in debt. For the latest finance news, bookmark The South African website’s dedicated section for free-to-read content The committee cut the interest rate by 25 basis points. That saw the repo rate drop to 7.75% while the p…

All Sides

The South African

BREAKING: Interest rate cut means GOOD news for South Africans in debt

Reserve Bank cuts interest rates by 25 basis points Zandile.Khumalo Thu, 11/21/2024 - 17:05  
PRETORIA - Reserve Bank Governor Lesetja Kganyago has announced a 25 basis point rate cut.The repo rate now falls from 8% to 7.75%.This means the prime lending rate will drop from 11.5% to 11.25%.Kganyago said the decision to only cut the interest rate by a modest quarter percentage point was unanimous.Economists give an analysis of the announcement by …

eNCA

E.tv

Reserve Bank cuts interest rates by 25 basis points

The interest rate was cut by 25 basis points on Thursday, as expected.

Die rentekoers is Donderdag met 25 basispunte verlaag, soos verwag is.

Netwerk24 | Reserwebank gee ’n vroeë Kersgeskenk vir mense met skuld

Netwerk24

Network24 | Reserve Bank gives an early Christmas present to people with debt

Economic analysts consulted by Citibanamex believe that the Bank of Mexico (BdeM) will make an interest rate cut at the last monetary policy meeting of the year in December, so that the target will close at a level of 10 percent.

Analistas económicos consultados por Citibanamex consideran que el Banco de México (BdeM) realizará un recorte a la tasa de interés en la última reunión de política monetaria del año en diciembre, con lo que que el objetivo cerrará en un nivel de 10 por ciento.

Encuesta prevé recorte de tasas de interés en diciembre

La Jornada

Mexico

Survey foresees interest rate cuts in December

Reserve Bank Governor Lesetja Kganyago says the Monetary Policy Committee (MPC) has decided to cut the repo rate by 25 basis points meaning that the prime lending rate decreases to 11.25 percent. It’s the second consecutive rates cut. The move had been widely expected. The bank’s decision comes on the back of a drop in inflation of around one percentage point to 2.8 percent. This is below the bank’s target of three to six percent. However, Kgany…

SABC News

MPC drops repo rate by 25 basis points - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

News24 | Rand bounces after small rate cut, bitcoin surges on Trump crypto deal

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics