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South Africa's rate-setting committee fully staffed for first time since 2018

Original: South African rate-setting committee has full complement for first time since 2018

The South African Reserve Bank's monetary policy committee has a full complement of members for the first time since 2018, following the appointment of new members to fill long-standing vacancies. A complete six-member committee is significant for interest rate decisions, as votes on setting the repo rate have been taken with an incomplete panel for several years.

Why now: The restored full membership could affect future interest rate decisions at a time when borrowing costs are closely watched.

South African Reserve BankSouth AfricaMonetary Policy Committee

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• South African rate-setting committee has full complement for first time since 2018 · Reuters

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