Central Bank Decisions
South African Reserve Bank Hikes Rates Amid Global Supply Shock
24 Sep 2026
The South African Reserve Bank (SARB) increased interest rates by 25 basis points, citing persistent global supply shocks as a primary driver for the decision.
Why it matters
The move highlights the ongoing struggle of emerging market central banks to contain inflation imported through global supply chain disruptions and energy price volatility, impacting ZAR valuation.