{"id":28857,"date":"2026-03-26T13:32:15","date_gmt":"2026-03-26T13:32:15","guid":{"rendered":"https:\/\/microvibenews.com\/?p=28857"},"modified":"2026-03-26T13:32:15","modified_gmt":"2026-03-26T13:32:15","slug":"sarb-holds-rate-steady-at-6-75","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=28857","title":{"rendered":"Sarb holds rate steady at 6.75%"},"content":{"rendered":"<p><\/p>\n<div id=\"textFreeArticle\">\n<p>The South African Reserve Bank (Sarb) has left its benchmark repo rate unchanged at 6.75% following its latest Monetary Policy Committee (MPC) meeting, governor Lesetja Kganyago announced on Thursday.<\/p>\n<p>It took a cautious and steady approach, as widely expected, in the wake of the world being rocked by the Iran war in the Middle East since the start of the month, which has seen Brent oil prices spiral to over $100 a barrel.<\/p>\n<p>Listen\/read:<br \/>Sarb expected to sit tight as oil spike reshapes inflation outlook<br \/>How SA will feel the Iranian conflict<br \/>April fuel prices set to rocket<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p>The spike in oil prices have raised concerns about global inflation and the risk of a recession. In SA, fuel prices are expected to rocket in April by between R5 and R9 a litre for petrol and diesel, respectively, unless government announces any mitigation measures in the next few days.<\/p>\n<p>The Sarb\u2019s repo rate decision means SA\u2019s prime lending rate for commercial banks remains steady at 10.25%.<\/p>\n<p>Read: Iran war oil shock threatens to disrupt Africa\u2019s easing cycle<\/p>\n<\/p><\/div>\n<p><script data-cfasync=\"false\">\n            !function(f,b,e,v,n,t,s)\n            {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n                n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n                if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n                n.queue=[];t=b.createElement(e);t.async=!0;\n                t.src=v;s=b.getElementsByTagName(e)[0];\n                s.parentNode.insertBefore(t,s)}(window, document,'script',\n                'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n            fbq('init', '779812924991616');\n            fbq('track', 'PageView');\n        <\/script>#Sarb #holds #rate #steady<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The South African Reserve Bank&hellip; <\/p>\n","protected":false},"author":1,"featured_media":28858,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[1552,126,3693,2642],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/28857"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28857"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/28857\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/28858"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}