Historical money market rates south africa ufxqdht

Historical money market rates south africa

22.10.2020

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The Money Market Fund’s goal is to maintain the value of your investment, allowing you to access your money whenever you need it, while generating a sound level of income. We target returns higher than a bank deposit, and performance is measured against the Alexander Forbes Short-Term Fixed Interest (STeFI) Composite Index. The rate is applicable to the 'money market investor' product and requires a minimum deposit of R10000. from R10 000 to R19 999 1.00%. from R20 000 to R49 999 2.80%. from R50 000 to R99 999 2.90%. from R100 000 and higher 3.40% Money Market Rate for South Africa from International Monetary Fund (IMF) for the International Financial Statistics (IFS) release. This page provides forecast and historical data, charts, statistics, news and updates for South Africa Money Market Rate. South Africa Holds Key Rate Steady at 6.75%. The South African Reserve Bank left its benchmark repo rate unchanged at 6.75% on May 23rd 2019, as widely expected. Policymakers said that the stance of monetary policy is broadly accommodative over the forecast period as the medium-term inflation outlook has improved. Source: JSE Limited. The weighted average exchange rate of the rand is based on trade between South Africa and its twenty most important trading partners. Index: 2010=100. (See Article in June 2014 Quarterly Bulletin for various weights). Weighted average of the banks' daily rates at approximately 10:30am. 301 Moved Permanently. nginx

Helping you achieve your saving goals.

Earn a fixed interest rate on deposits and balances above R 250 000 in this premium investment account. Get immediate access to your money, or make View daily savings account interest rates for fixed term, notice and instant access deposits. Helping you achieve your saving goals. Prime rate full listing - All current and historical prime rate as well as up to date economic indices.

The Absa Money Market Account is an investment solution that invests in a unit trust fund that is fully invested in money market instruments at all times. Interest is calculated daily and fluctuates during the investment term, as interest rates change.

This page provides - South Africa Interest Rate - actual values, historical data, rate by 100 bps to 5.25% during its March 2020 meeting, surprising markets The cash rate (Policy Rate: Month End: Repo Rate) was set at 6.25 % pa in Feb 2020. South Africa's Exchange Rate against USD averaged 14.41 (ZAR/USD) in South African - Interest Bearing - Money Market Funds, Back to Index. Initial Fee (%), Date, NAV, Hist Yield (%), Fund Size (R mill), Fund Name, TER Date, TER Money Market account. Minimum R50 000. Balance. Nominal Rate. Earn a fixed interest rate on deposits and balances above R 250 000 in this premium investment account. Get immediate access to your money, or make View daily savings account interest rates for fixed term, notice and instant access deposits. Helping you achieve your saving goals.

JIBAR is the money market rate used by South Africa. The rate comes in one- month, three-month, six-month and 12-month discount terms. The rate is

Welcome to Historical Financial Statistics (HFS), a free, noncommercial data set on interest rates of central banks; daily market interest rates; annual bond yields; Scholars in the South-East European Monetary History Network for data on the data for a number of African countries in the 19th and early 20th centuries. U.S. Dollar to South African Rand Live Exchange Rate Conversion. South African Rands over the past 365 days were done using the below spot market rates. Representative exchange rates Currency and period Currency and exchange rate Rates of change Foreign Rand, 1, South Africa, 0.2145, -4.454%, Graph. 26 Jun 2019 The Reserve Bank has to start cutting rates. the money market during the past six declining interest rate phases, “Whether you believe in historical movements or not, shares and interest rates clearly go hand in hand.”

The Absa Money Market Account is an investment solution that invests in a unit trust fund that is fully invested in money market instruments at all times. Interest is calculated daily and fluctuates during the investment term, as interest rates change.

U.S. Dollar to South African Rand Live Exchange Rate Conversion. South African Rands over the past 365 days were done using the below spot market rates.