The South African Reserve Bank maintains the benchmark interest rate at 6.75% unchanged.

On January 29, local time, the South African Reserve Bank announced that it would maintain the benchmark interest rate at 6.75% and keep the main lending rate at 10.25%, continuing its previous monetary policy stance. The South African Reserve Bank stated that it will continue to closely monitor the economic situation and changes in the international financial environment in order to adjust monetary policy at the appropriate time to achieve economic growth objectives.