Previous close | 20.4127 |
Open | 20.3960 |
Bid | 20.0888 |
Day's range | 20.0306 - 20.4868 |
52-week range | 19.3532 - 21.3298 |
Ask | 20.0988 |
The South African central bank is poised to keep interest rates high for an extended period due to a surge in the inflation rate, in line with previous forecasts. This decision comes in response to the primary consumer-price index for August, which recorded a 4.8% increase compared to the same period last year, as reported by Statistics South Africa, a Pretoria-based agency on Wednesday.