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interest rate (%) Change Effective date of last change Average inflation rate 2017–2021 (%) by WB and IMF [1] [2] as in the List Central bank interest rate minus average inflation rate (2017–2021) Afghanistan: 6.00 3.00: 24 July 2021 [3] 3.38 2.62 Albania: 2.75 0.25: 6 November 2024 [4] 1.78 0.97 Algeria: 3.00 0.25: 29 April 2020 [5] 4.14 ...
A select committee, of ten members of Parliament, was established on 31 March 1920 to examine the benefits to the national interest of the establishing of the central bank. [3] Following on the recommendations of the committee, the South African Reserve Bank opened for business on 30 June 1921, making it the oldest central bank in Africa.
The consumer price index (CPI) is the official measure of inflation in South Africa. One variant, the consumer price index excluding mortgage costs (CPIX), is officially targeted by the South African Reserve Bank [1] and a primary measure that determines national interest rates.
This rate is calculated daily by the South African Futures Exchange as the average prime lending rate quoted independently by a number of different banks. The rate is available in one-month, three-month, six-month and twelve-month discount terms. In particular, the three-month JIBAR rate is used as a benchmark of short-term interest rate movements.
The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s ...
Throughout history, the Fed’s key rate has been as high as 19-20 percent and as low as 0-0.25 percent. ... Fed interest rate history of 1991-2000: Alan Greenspan steers the Fed through a brief ...
The Bank of England kept its main interest rate unchanged at a 16-year high of 5.25% on Thursday even though inflation continues to drop from multi-decade peaks. The decision was widely ...
South Africa: South African rand: South African Reserve Bank South Sudan: South Sudanese pound: Bank of South Sudan Sudan: Sudanese pound: Bank of Sudan Eswatini: Swazi lilangeni: Central Bank of Swaziland: ZAR at par Tanzania: Tanzanian shilling: Bank of Tanzania Tunisia: Tunisian dinar: Central Bank of Tunisia Uganda: Ugandan shilling: Bank ...