JOHANNESBURG - The South African Reserve Bank has left the interest rate decision unchanged.
The repo rate will remain at 7%.
The prime lending rate remains at 10.50%.
WATCH | SA Reserve Bank announces latest interest rate decision
Reserve Bank Governor Lesetja Kganyago said four members preferred a hold, while two favoured an increase of 25 basis points.
"The committee agreed that the outlook is uncertain, and with the rate increase at our previous meeting, the policy stance is appropriate for now, with rates somewhat restrictive," Kganyago said.