Interest Rate Cuts 2024 South Africa. South africa's reserve bank will leave its repo rate on hold this week but cut rates by 25 basis points to 8.00% in september as inflation cools, a reuters poll found on monday,. South african reserve bank governor (sarb) lesetja kganyago said south africa would only see interest rate cuts when inflation has sustainably come down to the mid.
Many global economies have been cutting interest rates recently, and south africa has been rather conservative in its approach, lings said, noting how the central bank has kept the. South african reserve bank governor (sarb) lesetja kganyago said south africa would only see interest rate cuts when inflation has sustainably come down to the mid.
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