JOHANNESBURG - The South African Reserve Bank Monetary Policy Committee announced their decision to keep the repurchase rate unchanged on Thursday.
READ: SA Reserve Bank cuts repo rate by 25 basis points to 7%
In July, the MPC cut interest rates by 25 basis points.
On Thursday, SARB governor, Lesetja Kganyago communicated the MPC's decision to keep the repo rate at 7% and the prime lending rate at 10.5%.
The MPC decided to keep the policy rate unchanged, at 7%. #SARBMPCSEP25 pic.twitter.com/UbyEkxBwbs
— SA Reserve Bank (@SAReserveBank) September 18, 2025
In our economic modeling, inflation expectations play an important role in shaping the transition to our 3% preference. Given uncertainty about the behaviour of inflation expectations, for this meeting, we considered scenarios where expectations adjust more slowly than they do in… pic.twitter.com/68BnqPcY9l
— SA Reserve Bank (@SAReserveBank) September 18, 2025
MPC September 2025: Summary
The MPC decided to keep the policy rate unchanged, at 7%. #SARBMPCSEP25 pic.twitter.com/sP1hiYICvG— SA Reserve Bank (@SAReserveBank) September 18, 2025