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The South African Reserve Bank cut its repo rate by 25 basis points to 7.5% on Thursday, as widely expected, with four members voting for the cut and two for a hold. Governor Kganyago signalled caution on further cuts amid rising global trade tariffs.
The decision is a domestic rate move with no direct effect on feed commodity prices. Its cautious tone suggests less future easing, which could support the rand.
moneyweb.co.zaSuren NaidooJan 30, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
