Reserve Bank keeps repo rate steady, cites geopolitical risks
pre-market1 source ↓written by the desknot a recommendation
The Monetary Policy Committee of the Reserve Bank decided to maintain the repo rate at 6.75%, with four members voting for no change. Governor Lesetja Kganyago highlighted geopolitical risks impacting the economy, despite progress on domestic reforms and declining inflation expectations. This decision reflects ongoing caution in a volatile global environment.
Not investment advice. For informational purposes only.