The SA Reserve Bank cuts rates as inflation expectations continue to moderate
SOUTH AFRICA
- Report
01 Aug 2025
by Iraj Abedian
The South African Reserve Bank (SARB) has once again announced that it is cutting the benchmark interest rate, its second consecutive reduction since May, and by another 25 basis points. The decision followed this week’s conclusion of the Monetary Policy Committee’s (MPC) fourth meeting of the year. The repo rate, therefore, comes down from 7.25% to 7%, and the prime lending rate from 10.75% to 10.5%.
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