ZAREPO=ECI
ZAREPO=ECI- Latest Trade
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- As of Jun 3 2023. Values delayed up to 15 minutes
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AfricaSouth Africa lifts interest rates to 14-year high to fight inflation
South Africa's central bank raised its main interest rate on Thursday to a 14-year high, a move Governor Lesetja Kganyago described as "bitter medicine" needed to tame inflation.
Markets Performance
Official Data PartnerCommodities
| Future | Last | % Change |
|---|---|---|
| Gold | 1,947.40 | 1.55% |
| Copper | 715.60 | 0.04% |
| Brent Crude Oil | 76.13 | -- |
| CBOT Soybeans | 1,352.00 | 1.69% |
Stocks
| Index | Last | % Change |
|---|---|---|
| S&P 500 | 4,282.37 | 1.45% |
| Euro STOXX 50 | 4,323.52 | 1.55% |
| FTSE 100 | 7,607.28 | 1.56% |
| Nikkei 225 | 31,524.22 | 1.21% |
Source: Refinitiv, an LSEG business - data delayed by at least 15 minutes
Latest News
- WorldS.Africa to call it a wrap on current hikes, last 50 bps on Jan. 26
South Africa's Reserve Bank is expected to raise interest rates for the last time in this cycle in anticipation of slower inflation, adding 50 basis points on Jan. 26, a Reuters poll found on Thursday.
