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South Africa Interest Rate Decision

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South Africa Interest Rate Decision

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Sep 19, 2024
Actual
8.00%
Forecast
8.00%
Previous
8.25%
The result of the SA Reserve Bank decision on where to set the benchmark interest rate. As short term interest rates are an important determinant of currency valuation, traders watch interest rate changes closely.
A reading that is stronger than forecast is generally supportive (bullish) for the ZAR, while a weaker than forecast reading is generally negative (bearish) for the ZAR.
Importance:
Country:
Currency: ZAR
Source: South African Reserve Bank
South Africa Interest Rate Decision
 
Release Date Time Actual Forecast Previous
Nov 21, 2024 (Nov) 13:00   7.75% 8.00%
Sep 19, 2024 (Sep) 13:00 8.00% 8.00% 8.25%
Jul 18, 2024 (Jul) 13:00 8.25% 8.25% 8.25%
May 30, 2024 (May) 13:00 8.25% 8.25% 8.25%
Mar 27, 2024 (Mar) 13:15 8.25% 8.25% 8.25%
Jan 25, 2024 (Jan) 13:00 8.25%   8.25%

News

Dollar flat as market waits for U.S. GDP figures
Dollar flat as market waits for U.S. GDP figures By Investing.com - Jan 26, 2023

By Geoffrey Smith Investing.com -- The dollar was little changed in early trade in Europe on Thursday, with the market apparently content to wait for U.S. GDP figures before taking new positions. By...

Weekly Comic: The Great Central Bank Test of Strength
Weekly Comic: The Great Central Bank Test of Strength By Investing.com - Sep 20, 2022 2

By Geoffrey Smith  Investing.com -- Central bankers may not want to see it this way, but this week’s round of policy meetings is boiling down to a brute test of strength. Whose economy is strong...

Analysis

Interest Rate Decision Discussion

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