{"id":269927,"date":"2025-09-18T16:00:00","date_gmt":"2025-09-18T14:00:00","guid":{"rendered":"https:\/\/novanews.co.za\/weslander\/sa-reserve-bank-leaves-key-interest-rates-unchanged\/"},"modified":"2025-09-18T16:07:38","modified_gmt":"2025-09-18T14:07:38","slug":"sa-reserve-bank-leaves-key-interest-rates-unchanged","status":"publish","type":"post","link":"https:\/\/novanews.co.za\/weslander\/sa-reserve-bank-leaves-key-interest-rates-unchanged\/","title":{"rendered":"SA Reserve Bank leaves key interest rates unchanged"},"content":{"rendered":"\n<p>The South African Reserve Bank\u2019s Monetary Policy Committee (MPC) has left the repo rate unchanged at 7%, keeping the prime lending rate at 10.5%.<\/p>\n\n\n\n<p>Governor Lesetja Kganyago announced the decision on Thursday, citing persistent inflationary pressures. He noted that inflation expectations remain a key factor in the bank\u2019s modelling, with slower adjustments posing risks to price stability.<\/p>\n\n\n\n<p>At its previous meeting in July, the central bank cut the policy rate by 25 basis points and shifted its inflation target from the midpoint of 4.5% to the lower end of its 3\u20136% range. Kganyago said stabilising inflation closer to 3% would require lower long-term interest rates.<\/p>\n\n\n\n<p><strong>ALSO READ:<\/strong> <a href=\"https:\/\/novanews.co.za\/seeff-calls-on-reserve-bank-to-approve-another-interest-rate-cut\/\">Seeff calls on Reserve Bank to approve another interest rate cut<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The SA Reserve Bank\u2019s Monetary Policy Committee has left the repo rate unchanged at 7%, keeping the prime lending rate at 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