Economists say there is really no reason for the Reserve Bank not to cut the repo rate on Thursday thanks to all the positive ...
South African Reserve Bank Governor Lesetja Kganyago suggests phasing out the prime interest rate, maintaining that greater ...
Stay updated with Swisher Post! Read the latest news at Swisher Post South Africa’s Reserve Bank is preparing to announce its latest interest rate decision on Thursday, 29 May at 15:00. This rate, ...
Public sector banks lag in passing on repo rate cuts, unlike foreign banks swiftly reducing rates for borrowers.
NEW YORK (Reuters) -U.S. banks borrowed $6.5 billion from the Federal Reserve's Standing Repo Facility (SRF) on Wednesday, central bank data showed, and repurchase rates rose, suggesting tightness in ...
South African banking customers have been paying a prime rate of the repo rate plus 3.5% since 2001. Is it time for a change?