Your Search Returned 102 tagged news reports
Chances of a cut in interest rates hung in the balance on Tuesday, according to Nedbank senior economist Dennis Dykes, who added, however, that the South African Reserve Bank (Sarb) would be mindful of job losses and food inflation. The repo rate, which...
Tags: Sarb, repo rate, Dennis Dykes, South Africa, Cape Town, Inflation, Economy of South Africa, South African Reserve Bank, Repurchase agreement, Official bank rate, Monetary policy, Macroeconomics, Central banks, Business Finance
When Reserve Bank governor Gill Marcus reads the Monetary Policy Committee (MPC) statement on its interest rate decision to the media for the first time on Tuesday, she will probably attract more attention than the decision. Though most economists expect...
Tags: Gill Marcus, Monetary Policy Committee, repo rate, MPC, inflation target, When Reserve Bank, André Mellet, South Africa, Cape Town, Inflation, Central banks, Inflation targeting, Official bank rate, Monetary policy, Interest rates, Macroeconomics, Business Finance
The Monetary Policy Committee (MPC) of the South African Reserve Bank left interest rates unchanged on Thursday. The key repo rate remains at seven percent while the prime rate stays at 10,5%. The Reserve Bank has since December 2008 cut its repo rate...
Tags: South African Reserve Bank, reserve banks, rate unchanged, Tito Mboweni, repo rate, The Monetary Policy Committee, central banks
Bank Jamaica has offered a Special Voluntary Separation programme to its staff...In response to continued business challenges, the programme has been reintroduced.
Tags: headline inflation, repo rate
The South African Reserve Bank's monetary policy committee (MPC) on Tuesday decided to keep the repo rate unchanged at 7,0%. This is in line with consensus expectations in the marketplace. South Africa's central bank left its repo rate unchanged at 7,0%...
Tags: South African Reserve Bank, rate unchanged, reserve banks, repo rate, central banks, Monetary Policy Committee, rate steady, South Africa, Cape Town
Facing a doggedly subdued economy, South Africa's central bank surprised markets with a 50 basis point cut on Thursday after recent bleak data pointed to a longer and deeper recession than previously thought...The latest rate decision brings the bank's...
Tags: South Africans, Reserve Bank, Tito Mboweni, repo rate, reserve banks, rate cut, banks governor, governor tito, mboweni surprises, surprises market
South Korea's central bank Thursday left the key seven-day repo rate unchanged at 2 percent, the fifth straight month it has done so. Easing inflationary pressures and signs of improvement in the economy were the reasons for the Bank of Korea's decision,...
Tags: Bank of Korea, South Korea, central bank, rate unchanged, straight month, fifth straight, repo rate
Saudi Arabia is continuing to drain its foreign assets to fund record spending this year and prevent its economy from sliding into contraction although oil prices have exceeded its budget projections, official data showed yesterday...The withdrawal was...
Tags: Bank Says Unhurt, repo rate
Cash-strapped South Africans received a double dose of bad news on Thursday - zero relief in interest rates and a massive hike in electricity prices. The South African Reserve Bank's monetary policy committee (MPC) decided to leave its official rate unchanged...
Tags: South African Reserve Bank, repo rate, SA Reserve Bank, central bank, rate unchanged, Tito Mboweni, monetary policy, Nersa
Saudi Arabia's central bank has cut its reverse repurchase rate by 25 basis points as the oil-rich kingdom looks to boost bank landing amid tight credit markets worldwide. The Saudi Arabian Monetary Agency said Tuesday it cut the reverse repo rate to...
Tags: reverse repo, repo rate, central banks