MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI INTERVIEW2: Poland To Push For EU Defence Fund

MNI: UK DEC GFK CONSUMER CONFIDENCE INDEX -17

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

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

SOUTH AFRICA: Lawmakers Ask SARB to Look at "Issue of the High Interest Rate"

SOUTH AFRICA
  • South Africa’s standing committee on finance has called on the SARB to “seriously look at the issue of the high interest rate which is making life difficult for both the poor and middle-income earners,” according to an emailed statement from parliament cited by Bloomberg.
  • The committee is raising this matter “not to instruct the central bank to lower the interest rate, but to consider it an issue that is mostly affecting ordinary people on the ground,” chairman Joe Maswanganyi says.
  • The headlines prompted a solid spike higher for USD/ZAR, through earlier session highs with the pair reaching its highest level of the week. While some of its gains have since moderated, the pair remains around 0.4% in the green.
EM BulletBulletGlobalEmerging Market NewsRegion
EM BulletBulletGlobalEmerging Market NewsRegion

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.