# South Africa holds rates, warns of hikes if Iran war persists - BRICS24

> The South African Reserve Bank held rates at 6.75% and warned that tightening may follow if the Iran war drags on and fuels inflation. The bank postponed planned cuts, and the rand traded 0.3% weaker near 17.03.

- Date: 2026-03-29 · published 2026-03-29T12:00:00.000Z
- Category: policy · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/20459-south-africa-holds-rates-warns-of-hikes-if-iran-war-persists-brics24
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A hawkish signal raises the risk of higher domestic rates, while the weaker rand increases the cost of imported feed ingredients for South African buyers.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- brics24.news: https://brics24.news/south-africa-holds-rates-warns-of-hikes-if-iran-war-persists/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.