DeutschBanks / South Africa
South African Reserve Bank: decision history
Policy rate: SARB Policy Rate (SPR)
Every observed decision and the rate series. The facts below are computed from observed decisions only, never from the calendar.
14days since the last change (23 Sept 2026)
0consecutive holds
11observed decisions since 30 Jan 2025
Past moves by size
- 25 bp raise ×2
- hold ×5
- 25 bp cut ×4
Observed decisions
| Date | Decision | Before | After | Change | Statement |
|---|---|---|---|---|---|
| raise | 7.00% | ↑7.25% | +25 bp | resbank.co.za/content/dam/sarb/publications… | |
| hold | 7.00% | =7.00% | 0 bp | resbank.co.za/content/dam/sarb/publications… | |
| raise | 6.75% | ↑7.00% | +25 bp | resbank.co.za/content/dam/sarb/publications… | |
| hold | 6.75% | =6.75% | 0 bp | resbank.co.za/content/dam/sarb/publications… | |
| hold | 6.75% | =6.75% | 0 bp | resbank.co.za/content/dam/sarb/publications… | |
| cut | 7.00% | ↓6.75% | −25 bp | resbank.co.za/content/dam/sarb/publications… | |
| hold | 7.00% | =7.00% | 0 bp | resbank.co.za/content/dam/sarb/publications… | |
| cut | 7.25% | ↓7.00% | −25 bp | resbank.co.za/content/dam/sarb/publications… | |
| cut | 7.50% | ↓7.25% | −25 bp | resbank.co.za/content/dam/sarb/publications… | |
| hold | 7.50% | =7.50% | 0 bp | resbank.co.za/content/dam/sarb/publications… | |
| cut | 7.75% | ↓7.50% | −25 bp | resbank.co.za/content/dam/sarb/publications… |