South Africa Policy Rate Holds at 7%

Brief · Published 2026-09-18 · Data period 2026-08-31

This brief was generated automatically from the published data; no human byline is attached. Read the methodology.

South Africa's policy interest rate held at 7% in August 2026, unchanged from July 2026. The rate has remained at this level for three consecutive months, following a rise from 6.75% in May 2026. It stands well below the all-time high of 21.855% recorded in September 1998, and above the record low of 3.5% set in October 2021. The series, which began in December 1980, shows the rate at 7% as of August 2025, a year earlier, according to the Bank for International Settlements.

South Africa Private Credit to GDP
South Africa Exchange Rate
South Africa Foreign Exchange Reserves
South Africa Money supply M2
South Africa FX Falls to 16.18 in August
South Africa M2 Rises to Record High

Source & methodology

Data source: Bank for International Settlements.

Values are verified on ingest and republished only when the source revises. How we source and standardize data, including how to request an audit trail for any value.

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