On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1707 as compared to Friday's fix of 7.1699 and 7.3050 Reuters estimates. The primary ...

“The rate cut, coupled with recent liquidity-boosting measures, is expected to drive fresh investments and kick-start the consumption cycle. Sectors such as banking, auto, FMCG, consumer durables, ...

South Africans want to hear about economic strategies, NHI, legislative changes and the Trump-Musk Saga at SONA2025. Will ...

On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1693 as ...

This comes after the central bank’s Monetary Policy Committee (MPC) voted for a 25BPS cut today, which translates to a 0. 25% ...

Investopedia / Michela Buttignol The real economic growth rate, or real GDP growth rate, measures economic growth, as expressed by gross domestic product (GDP), from one period to another ...

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

The South African Reserve Bank’s Monetary Policy Committee is set to make its first repo rate announcement on Thursday. File photo The announcement comes on the back of last week’s consumer ...

Neil Roets, the CEO of Debt Rescue, told Business Report that SARB’s upcoming repo rate announcement is being ... by ordinary South Africans trying to cover basic living expenses while managing ...

Like many online banks, Barclays offers competitive interest rates. Below are the savings account interest rates for both Barclays products. Rates and account details are accurate as of January 24 ...

The country's biggest bank is cutting a range of shorter-term interest rates. ANZ Bank said it would drop its special interest rates by between 15 and 25 basis points. The six-month rate drops from ...

But despite landing slightly higher than Reserve Bank forecasts, a 50-basis-point Official Cash Rate (OCR) cut in February remains on the table, economists say. The Reserve Bank (RBNZ) cut the OCR ...