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What is the interest rate in South Africa?

The South African Reserve Bank's repo rate is 7.25%, set at the Monetary Policy Committee meeting of September 2026; the prime lending rate is 10.75%.

Repo rate after each MPC decision
  • May 20257.25%
  • Jul 20257.25%
  • Sep 20257.00%
  • Nov 20256.75%
  • Jan 20266.75%
  • Mar 20266.75%
  • May 20267.00%
  • Jul 20267.00%
  • Sep 20267.25%

Source: South African Reserve Bank (SARB), MPC Statement September 2026, repo and prime rates. Source released . Checked on SA Data Hub .

How this was worked out

The repo rate is the rate the Reserve Bank sets at its Monetary Policy Committee meetings. The prime lending rate in the same record is 10.75%, 3.5 points above the repo rate.

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