South African Reserve Bank raised interest rates by 25 basis points.
The South African Reserve Bank (SARB) boosted interest rates by 25 basis points, citing rising global inflation risks due to the ongoing Middle East crisis and rising domestic gasoline and food prices. The Apex Bank raised borrowing prices for the first time since 2023, implying that more policy tightening may be required if the war […]
South African Reserve Bank raised interest rates by 25 basis points. Read More »