Repo rate
7.50%
as of 2026-03-20
Next meeting
May 28
T-1d
The South African Reserve Bank is the central bank of South Africa, mandated to protect the value of the currency through price stability while supporting balanced and sustainable economic growth. Its Monetary Policy Committee meets six times a year to set the repo rate.
Policy decisions are announced on the dates above. Source: official central bank schedules.
Repo rate
7.50%
As of 2026-03-20
ZAR 2026 consensus
16.25
median of 18 banks
Next macro event
Interest Rate Decision (May)
3 most-recent items prefer LLM synthesis where available
The desk interprets recent remarks by Fundi Tshazibana on AI's regulatory landscape as pivotal for understanding the evolving dynamics of financial markets, especially as it relates to currency…
The desk interprets Lesetja Kganyago's recent remarks on supply shocks and monetary policy as a clear signal of the South African Reserve Bank's commitment to maintaining its inflation target of 3%.…
Address by Mr Lesetja Kganyago, Governor of the South African Reserve Bank, at the PSG Think Big Series, Sun City, 6 May 2026.
Reports referencing SARB across covered research desks
FX BANK FORECAST · COVERAGE
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from eight institutional desks. No promotion.