Dossier
repo rate
Coverage of repo rate in the Nexus archive.
- South Africa’s Central Bank Turns Dovish, Sending the Rand Toward 17 per Dollar
The South African Reserve Bank (SARB) adopted a dovish stance at its July meeting, maintaining the key repo rate at 7.0% while signaling a softer monetary policy path. This caused the South African rand to weaken, with the U.S. dollar rising toward 17 rand.