FOREX TradingCharts.com

Financial News: South Africa Interest Rates On Hold

South Africa Interest Rates On Hold

09/20/2018 - 10:35:00 (RTTNews)

(RTTNews) - South Africa's central bank left its key interest rate unchanged on Thursday, in line with economists' expectations.

The Monetary Policy Committee decided to keep the repurchase rate unchanged at 6.5 percent, the South African Reserve Bank Governor Lesetja Kganyago said in a statement.

Four members voted in favor of the move, while three sought a quarter-point hike, the bank said.

Policymakers continue to assess the stance of monetary policy to be accommodative, but remained concerned about the deteriorating inflation outlook, driven mainly by multiple supply-side factors, the SARB noted.

"The approach of the Committee continues to be to look through the first-round effects and focus on the possible second-round effects," the bank said.

"With risks and uncertainties at higher levels, the MPC will continue to be vigilant and will not hesitate to act should it become necessary."

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Indonesia Interest Rates Unchanged After Two Hikes (53 min(s), 14 sec(s) ago)
(RTTNews) - Indonesia's central bank left its key interest rate unchanged in October after hik ...Full Story»

Taiwan Industrial Production Growth Remains Lackluster (01 hr(s), 25 min(s), 14 sec(s) ago)
(RTTNews) - Taiwan's industrial production continued its modest growth in September, prelimina ...Full Story»

Hong Kong Inflation At 7-month High (01 hr(s), 38 min(s), 14 sec(s) ago)
(RTTNews) - Hong Kong's consumer price inflation accelerated strongly in September after easin ...Full Story»

Singapore Inflation Unchanged In September (01 hr(s), 50 min(s), 14 sec(s) ago)
(RTTNews) - Singapore's headline consumer price inflation was unchanged in September, while th ...Full Story»

German Producer Price Inflation Highest In A Year (02 hr(s), 46 min(s), 14 sec(s) ago)
(RTTNews) - Germany's producer prices rose the fastest pace in a year in September, figures fr ...Full Story»

Turkey Consumer Confidence Lowest In Nearly A Decade (03 hr(s), 04 min(s), 14 sec(s) ago)
(RTTNews) - Turkey's consumer confidence deteriorated for a third straight month to its lowest ...Full Story»

European Economics Preview: Germany's Producer Price Data Due (05 hr(s), 25 min(s), 14 sec(s) ago)
(RTTNews) - Producer prices from Germany and flash consumer sentiment from euro area are due on Tu ...Full Story»

South Korea Producer Prices Add 0.3% In September (51 min(s), 46 sec(s) ago)
(RTTNews) - Producer prices in South Korea were up 0.3 percent on month in September, the Bank of ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Indonesia Interest Rates Unchanged After Two Hikes

10/23/2018 - 05:34 AM (RTTNews)
(RTTNews) - Indonesia's central bank left its key interest rate unchanged in October after hik ...Full Story>>

Taiwan Industrial Production Growth Remains Lackluster

10/23/2018 - 05:02 AM (RTTNews)
(RTTNews) - Taiwan's industrial production continued its modest growth in September, prelimina ...Full Story>>

Hong Kong Inflation At 7-month High

10/23/2018 - 04:49 AM (RTTNews)
(RTTNews) - Hong Kong's consumer price inflation accelerated strongly in September after easin ...Full Story>>

Singapore Inflation Unchanged In September

10/23/2018 - 04:37 AM (RTTNews)
(RTTNews) - Singapore's headline consumer price inflation was unchanged in September, while th ...Full Story>>

German Producer Price Inflation Highest In A Year

10/23/2018 - 03:41 AM (RTTNews)
(RTTNews) - Germany's producer prices rose the fastest pace in a year in September, figures fr ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.