Previous close | 19.0222 |
Open | 19.0291 |
Bid | 18.7456 |
Day's range | 18.7200 - 19.0927 |
52-week range | 17.4198 - 19.9128 |
Ask | 18.7529 |
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.