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The South African rand has rebounded by 0.7% against the dollar, driven by rising gold prices and a surge in vehicle sales. Despite ongoing challenges in the manufacturing sector, the …
June South Africa Rand Forecast: USD/ZAR Soars Toward R17 on Auto Sales, SARB Cuts Read More
The South African rand weakened to 17.9225 per dollar on Tuesday ahead of the SARB’s expected interest rate cut to 7.25%. Inflation remains below the target range, and recent economic …
South African Rand Weakens Amid Anticipation of Interest Rate Cut Read More
The South African Reserve Bank’s decision to keep interest rates at 7.50% is viewed as a missed opportunity for economic relief. Samuel Seeff noted that a rate cut was warranted …
South Africa’s Interest Rate Freeze Raises Concerns in Property Market Read More
Market expectations are rising for a 25 basis point rate cut at the upcoming MPC meeting of the South African Reserve Bank, driven by stabilized inflation and a steady rand, …
Speculation Grows for Rate Cuts as South Africa’s Inflation Stabilizes Read More
South Africa’s economy shows promising signs with a stable rand and positive sentiment in the Johannesburg Top-40 Index. The upcoming interest rate decision by the Reserve Bank is crucial amidst …
South Africa’s Economic Signals: Rand Stability and Investor Outlook Read More
South Africa’s inflation rate remained at 3.2% in February 2025, below the 4.5% target, with food inflation increasing while transport and personal care saw decreases. Core inflation fell to its …
South Africa’s Inflation Rate Steady at 3.2% in February 2025 Read More
South Africa’s consumer inflation was steady at 3.2% year-on-year in February, with a month-on-month rise to 0.9%. Economists expected a slight increase to 3.3%. The South African Reserve Bank will …
South Africa Consumer Inflation Remains Stable at 3.2% in February Read More
South Africa’s consumer inflation held steady at 3.2% year-on-year in February, with a month-on-month increase to 0.9%. Economists had anticipated a rise to 3.3%, and the Reserve Bank will announce …
South Africa Maintains Steady Consumer Inflation at 3.2% in February Read More
The South African rand appreciated by 0.4% to 18.0175 against the dollar, bolstered by gold prices hitting a record high of $3,018.66. Analysts anticipate that this increase may incentivize local …
South African Rand Strengthens as Gold Prices Achieve Historic High Read More
The average inflation forecast for South Africa in 2025 has declined to 4.3%, below the central bank’s target. January’s inflation is reported at 3.2%, with expectations for February remaining stable. …
South African Inflation Forecast Declines Amid Economic Concerns Read More