NewsBreakNigeria
USD/NGN 1,328.37GBP/NGN 1,772.75USD/NGN black market ₦1,390GBP/NGN black market ₦1,880EUR/NGN 1,521.26JPY/NGN 8.44CAD/NGN 945.16
USD/NGN 1,328.37GBP/NGN 1,772.75USD/NGN black market ₦1,390GBP/NGN black market ₦1,880EUR/NGN 1,521.26JPY/NGN 8.44CAD/NGN 945.16

South Africa joins global rate-hike cycle, raises repo to 7.25%

The South African Reserve Bank (SARB) raised its key policy rate by 25 basis points to 7.25 percent on Wednesday, read more South Africa joins global rate-hike cycle, raises repo to 7.25%

Aggregated · originally by BusinessDay
23 Sept 2026, 17:00 WAT · 3 min read
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South Africa joins global rate-hike cycle, raises repo to 7.25%

The South African Reserve Bank (SARB) raised its key policy rate by 25 basis points to 7.25 percent on Wednesday, read more South Africa joins global rate-hike cycle, raises repo to 7.25%