The Monetary Policy Committee (MPC) of the South African Reserve Bank is responsible for making interest rate decisions in the country.  The repo rate is defined as the official interest rate. On an end-of-period basis, this is the rate upon which central banks loan or discount qualifying paper for deposit money banks.

A higher than expected figure should be seen as positive (bullish) for the ZAR while a lower than expected figure should be seen as negative (bearish) for the ZAR.

Category:  Interest Rate
Units:  Percent
Details
Impact: Low
Country:
Currency: ZAR
Latest Release
Previous: 7.25%
Consensus: 7%
Actual: 7%
Next Release
Date: Sep 18, 13:00
Time left: 17 days
Consensus: 7%

Forex Sentiment (ZAR)

Symbol Community Trend (Shorts vs Longs) Symbol Popularity Avg. Short Price /
Distance From Price
Avg. Long Price /
Distance From Price
Current Price
USDZAR
17.6196
+562 pips
18.0518
-4884 pips
17.56337
Symbol Action Percentage Volume Positions
USDZAR Short 17% 0.21 lots 11
Long 83% 1.02 lots 59
0% of traders are currently trading USDZAR.
EURZAR
18.6471
-19245 pips
20.5805
-89 pips
20.57162
Symbol Action Percentage Volume Positions
EURZAR Short 87% 0.76 lots 30
Long 13% 0.11 lots 2
0% of traders are currently trading EURZAR.
ZARJPY
0
-837 pips
8.1683
+20 pips
8.368
Symbol Action Percentage Volume Positions
ZARJPY Short 0% 0.00 lots 0
Long 100% 1.28 lots 19
0% of traders are currently trading ZARJPY.