The South African Reserve Bank SARB has opted to keep its main lending rate unchanged at 6.75 during the Monetary Policy Committee MPC meeting held on Thursday, aiming to further monitor inflation expectations before any potential shifts in monetary policy, reports Cape town Etc .
This decision follows a prior reduction from 8.25 at the beginning of 2024, showing an intention to maintain stability amidst a complex global economic landscape.
Reserve Bank Governor Lesetja Kganyago remarked that 2025 was a year fraught with global uncertainty, a trend that has seemingly carried into 2026 with renewed geopolitical tensions hinting at a fracture within the international political order.
