The South African Reserve Bank's Monetary Policy Committee has decided to maintain the current interest rate, emphasizing a cautious approach to inflation and economic growth. The committee remains vigilant in monitoring economic indicators and is prepared to adjust policy as necessary to ensure financial stability.
| Policy Rate | 6.75% |
| USD/ZAR | 15.86 |
| GDP Growth | 0.7% |
| M2 Growth | 9.3% |
| 10Y Yield | 8.62% |
| 2y10y Spread | +0.47% |
Top traded commodities for South Africa
| Commodity | Price | 1D | 30D |
|---|---|---|---|
| Gold | 5,059.30 USD/oz | +1.7% | +13.7% |
| Iron Ore | 107.45 USD/mt | -0.1% | -5.7% |