South Africa interest rate


South Africa interest rate closed down 8 as of October 31, 2024 from 8 from the previous day, 8.25 last week and 7.25 last month.

South Africa interest rate Analytics & Data





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South Africa interest rate Historical Data

Date Close
2024-10-31 8
2024-09-19 8
2024-07-18 8.25
2024-06-30 8.25
2024-05-30 8.25
2024-04-30 8.25
2024-03-27 8.25
2024-02-29 8.25
2024-01-25 8.25
2023-12-31 8.25
2023-11-23 8.25
2023-10-31 8.25
2023-09-21 8.25
2023-08-31 8.25
2023-07-20 8.25
2023-06-30 8.25
2023-05-25 8.25
2023-04-30 7.75
2023-03-30 7.75
2023-02-28 7.25
2023-01-26 7.25
2022-11-24 7
2022-10-31 6.25
2022-09-22 6.25
2022-08-31 5.5
2022-07-21 5.5
2022-06-30 4.75
2022-05-19 4.75
2022-03-24 4.25
2022-02-28 4
2022-01-27 4
2021-12-31 3.75
2021-11-18 3.75
2021-10-31 3.5
2021-09-23 3.5
2021-08-31 3.5
2021-07-22 3.5
2021-06-30 3.5
2021-05-20 3.5
2021-04-30 3.5
2021-03-25 3.5
2021-02-28 3.5
2021-01-21 3.5
2020-12-31 3.5
2020-11-19 3.5
2020-10-31 3.5
2020-09-17 3.5
2020-08-31 3.5
2020-07-23 3.5
2020-06-30 3.75
2020-05-21 3.75
2020-04-14 4.25
2020-03-19 5.25
2020-02-29 6.25
2020-01-16 6.25
2019-12-31 6.5
2019-11-21 6.5
2019-10-31 6.5
2019-09-19 6.5
2019-08-31 6.5

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South Africa interest rate Statistics

Security Symbol Last Momentum Trend Oscillator 1D% 1W% 1M% 1Y%
South Africa interest rate za.interestrate 0 0 0 0

South Africa interest rate Quantitative Analysis, Charts & Factors

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South Africa interest rate Historical Data

The MacroVar database offers free access to historical data for the South Africa interest rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of South Africa interest rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the South Africa interest rate

The interest rate in South Africa is set by the South African Reserve Bank and plays a crucial role in the country's economy. The interest rate is the rate at which the central bank lends money to commercial banks, which in turn affects the borrowing costs for businesses and consumers. A higher interest rate can help to control inflation by making borrowing more expensive and therefore slowing down economic activity. Conversely, a lower interest rate can stimulate economic growth by making borrowing more affordable. The South African Reserve Bank adjusts the interest rate based on various economic indicators and goals, such as inflation targets and economic growth objectives. Overall, the interest rate in South Africa is a key tool used to regulate the economy and ensure stability.

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