Banks › South African Reserve Bank › History › 31 Jul 2025
South African Reserve Bank: decision of 31 July 2025
South African Reserve Bank cut the SARB Policy Rate (SPR) by 25 bp to 7.00% on 31 July 2025.
Decision
cut
- Rate
- 7.25%↓7.00%
- Change
- −25 bp
- Announced
- 15:00 Johannesburg time
Sources
- Statement
- resbank.co.za/content/dam/sarb/publications…
- Recorded
- 31 Jul 2025
- Data
- JSON
Before and after
- Previous decision: 29 May 2025, cut the SARB Policy Rate (SPR) by 25 bp to 7.25%.
- Next decision: 18 Sept 2025, held the SARB Policy Rate (SPR) at 7.00%.
- All South African Reserve Bank decisions and the rate history