South Africa Interest Rate Decision

ZAR
Actual
7.25%
Forecast
7.50%
Previous
7.00%
Latest Release
Jan 26, 2023
Importance
Overview
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.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Jan 26, 2023 (Jan) 18:30 7.25% 7.50%
7.00%
Nov 24, 2022 (Nov) 18:30 7.00% 7.00%
6.25%
Sep 22, 2022 (Sep) 18:30 6.25% 6.25%
5.50%
Sep 22, 2022 (Sep) 18:30 6.25% 6.25%
5.50%
Jul 21, 2022 (Jul) 18:30 5.50% 5.25%
4.75%
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