South Africa Interest Rate
South Africa's interest rate was 7% in September 2025. This followed a decrease from 7.25% in June 2025. The South African Reserve Bank cut the policy rate by 25 basis points to 7% effective August 2025. This action supported a faltering economy and was driven by expectations of permanently lower inflation targeting 3%. The September decision to hold rates at 7% reflected a cautious approach. South Africa's record low interest rate was 3.5% in July 2020 and record high was 13.5% in September 2002.
Historical Data (1999-2025)
(in %)Recent Events
Next Release Date :
South Africa Interest Rate : Definition
The Interest Rate set by the South African Reserve Bank is the benchmark cost of borrowing in the economy. It influences lending, spending, investment, inflation, and overall financial stability.