Tag: South Africa
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South Africa Cuts Key Interest Rate to 7.75%
The South African Reserve Bank (SARB) slashed its key interest rate by 25 basis points to 7.75% in line with analysts’ estimates.
South African Consumer Inflation Rate Declines to 3.8%
South African Annual consumer inflation cooled for a fourth consecutive month, easing to 3,8% in September from 4,4% in August, statistics office
Fitch Affirms South Africa at ‘BB-‘ with Stable Outlook
In its creditworthiness assessment, Fitch Ratings has affirmed South Africa's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB-' with a Stable
South African Stocks Closed at Record High, Rand Gains 2%
Johannesburg Stock Exchange's index rose about 0.7% to close at 82,824 on Friday, a record high, extending gains for the fourth session in a row.
Fitch Affirms South Africa at ‘BB-‘ with Stable Outlook
Fitch Ratings has affirmed South Africa's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB-'
