MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

SARB Gov Kganyago Rules Out Near-Term Cuts, Vows Independence Despite Election Pressures

SOUTH AFRICA
  • South African Reserve Bank (SARB) Governor Lesetja Kganyago said that the central bank will not cut interest rates until inflation is brought under control and stabilises at the +4.5% Y/Y mid-point of the target range. He pledged that the SARB will not yield to political pressure ahead of the May 29 elections and will continue to practice steadfast determination in pursuing its mandate.
  • The Treasury said that addressing the remaining 17 items on a plan to be taken off the Financial Action Task Forece's (FATF's) grey list by the February 2025 deadline "remains a tough challenge" and will require efforts from all relevant agencies.
  • Absa Manufacturing PMI may have improved to 46.5 in February from 43.6 prior, according to Bloomberg consensus. The data will be released at 09:00GMT/11:00SAST.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.