Sa Interest Rate 2024. Effective 6th april 2022, rate of interest for savings bank deposits accounts has been revised as follows: View july's fixed deposits summary.
The sarb repo rate ended 2022 at 7.00%, up from the. The benchmark interest rate in south africa was last recorded at 8.25 percent.
The Youth Unemployment Rate Stands At Almost 46% And The National Treasury Expects Gross Domestic Product To Expand By An Average Of 1.6% Annually Through.
Sa’s current inflation target of 3% to 6% was introduced in february 2000.
View July's Fixed Deposits Summary.
Sa set to hold rates at first meeting of 2024.
Sa Interest Rate 2024 Images References :
The South African Reserve Bank’s (Sarb) Monetary Policy Committee (Mpc) Will Meet For The Second Time In 2024 On Wednesday, 27 March.
Effective 6th april 2022, rate of interest for savings bank deposits accounts has been revised as follows:
Here Are South Africa's Best Notice Account Interest Rates.
Investec economist lara hodes said the sarb is projected to leave the repo rate unchanged at 8.25%, in line with the federal open market committee’s most recent.