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Rates unchanged as Sarb lifts growth forecast - as it happened

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Sarb governor Lesetja Kganyago.
Sarb governor Lesetja Kganyago.

Cape Town - Hard-pressed South Africans have already seen a total interest rate increase of 100 basis points since November last year and they are yet again keeping a close eye on SA Reserve Bank (Sarb) governor Lesetja Kganyago.

He is due to announce the monetary policy committee’s latest rates decision at 15:00.

The rand was trading at R13.46 against the dollar ahead of the announcement.

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Rand - Dollar
19.21
+0.0%
Rand - Pound
23.95
-0.0%
Rand - Euro
20.58
-0.1%
Rand - Aus dollar
12.50
-0.1%
Rand - Yen
0.12
+0.2%
Platinum
910.90
-0.1%
Palladium
998.00
-0.7%
Gold
2,315.14
-0.0%
Silver
27.11
-0.2%
Brent Crude
88.02
-0.5%
Top 40
68,574
0.0%
All Share
74,514
0.0%
Resource 10
60,444
0.0%
Industrial 25
104,013
0.0%
Financial 15
15,837
0.0%
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