Traders scale back bets on further South African interest-rate hikes

Key facts

• Traders have scaled back their bets on additional interest-rate hikes in South Africa.
• This sentiment shift suggests a potential pause or slowdown in monetary tightening by the South African Reserve Bank.

Traders have reduced their expectations for further interest-rate increases in South Africa. This shift in sentiment suggests a potential pause or slowdown in monetary tightening by the South African Reserve Bank.