SARB Increases Repo Rate to 7% Effective May 2026
In terms of the South African Reserve Bank Act, No. 90 of 1989, the Monetary Policy Committee has increased the repurchase rate by 25 basis points to 7.00% per annum.-
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In terms of the South African Reserve Bank Act, No. 90 of 1989, the Monetary Policy Committee has increased the repurchase rate by 25 basis points to 7.00% per annum.The views expressed herein are those of the author and do not necessarily reflect those of Acts Online. Acts Online accepts no responsibility for the accuracy, completeness or fairness of the article, nor does the information contained herein constitute advice, legal or otherwise.