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The South African Reserve Bank's Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 3.5%.

The Reserve Bank kept the repo rate unchanged at 3,5 percent

The Minister of Finance, Mr Tito Mboweni, yesterday delivered the National Treasury's budget for 2021/2022

The Monetary Policy Committee's decision today to hold the repo rate steady at 3.5% will continue to create a favourable lending environment for South Africans

The South African Reserve Bank (Sarb) has decided to leave the repurchase rate (repo rate) unchanged at 3.5 percent as inflation is expected to remain contained

Rate has now been cut by 300 basis points in 2020 to mitigate economic impact of Covid-19 pandemic

Consumer inflation in South Africa is currently at 2.1%, a 15-year low which is well below the 3% to 6% range that the South African Reserve Bank (SARB)

The SA Reserve Bank cut interest rates by 50 basis points on Thursday which is expected to bring further relief to SA's battered economy

The SA Reserve Bank has cut the repo rate by 100 basis points, or one percentage point. This brings SA's repo rate to 4.25%.

The SA Reserve Bank's monetary policy committee cut the repo rate by 100 basis points