# Repo rate rises to 4% | SAnews

> The SARB's Monetary Policy Committee raised the repo rate by 25 basis points to 4%, effective January 28, 2022, in a 4-1 vote. The governor said food and fuel inflation risks had materialised and currency volatility had increased.

- Date: 2022-01-27 · published 2022-01-27T12:00:00.000Z
- Category: macro · region South Africa · magnitude medium
- Page: https://feedsoft.ai/events/43437-repo-rate-rises-to-4-sanews
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Tighter policy aims to contain food inflation, which feeds into local feed and food costs, while the rate move signals currency pressure that affects import prices.

## Read by commodity

- USDZAR: neutral

## Sources

- sanews.gov.za: https://www.sanews.gov.za/%69%6e%64%65%78.%70%68%70/south-africa/repo-rate-rises-4

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