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South African Reserve Bank

ZAR · Official Website

Latest Statement

⚖️ Neutral

Rashad Cassim: Opening remarks - Market Practitioners Group conference 2025

2025-12-03

Economic Indicators

Policy Rate	7.00%
USD/ZAR	16.57
GDP Growth	1.3%
M2 Growth	9.0%

HISTORICAL TRENDS

Policy Rate

FX Rate

CPI

GDP

Stance

Recent Statements

SARB MPC Statement - November 2025

🕊️ Dovish 2025-11-20

Fundi Tshazibana: Financial policy in the era of the climate crisis - an African perspective

⚖️ Neutral 2025-10-15

SARB MPC Statement - September 2025

🦅 Hawkish 2025-09-18

Lesetja Kganyago: From fragility to strength - the role of price stability

⚖️ Neutral 2025-08-12

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