On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1699 as compared to the previous day's fix of 7.1691 and 7.2780 Reuters estimates.

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

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

KARACHI: With reduction in the key policy rate, the State Bank of Pakistan (SBP) has also announced revised overnight repo and reverse repo rate. As the SBP has decided to decrease ‘Policy Rate ...

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 ...

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 ...

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 ...

She noted that benign local inflation, based on the SARB’s latest forecasts, should support a continued interest rate cutting cycle. “We predict that [the repo] rate will be cut to 7% by the ...

Follow our WhatsApp channel "Everyone is entitled to their views but as I look at it, growth is impacted by a multiplicity of factors, not just one factor of repo rate," said Shaktikanta Das, then RBI ...