South Africa policy rate in 2001 (6 changes)

Start of year12.00%

End of year9.50%Dec 31, 2001

Net change-250 bp2 hikes, 4 cuts

Average10.992%

Rank by level8 / 33

Changes in 2001

Date	From	To	Change
Jun 8, 2001	12.00%	12.01%	hike +1 bp
Jun 11, 2001	12.01%	12.03%	hike +2 bp
Jun 12, 2001	12.03%	12.00%	cut -3 bp
Jun 15, 2001	12.00%	11.00%	cut -100 bp
Sep 5, 2001	11.00%	10.00%	cut -100 bp
Sep 21, 2001	10.00%	9.50%	cut -50 bp

Compared with other areas at the end of 2001

Russia25%

Brazil19%

Serbia16.43%

North Macedonia15%

Poland11.5%

Hungary9.75%

Iceland9.6%

South Africa9.5%

India8.5%

Colombia8.5%

Mexico8.04%

Philippines7.75%

Norway6.5%

Chile6.5%

China5.85%

Malaysia5%

New Zealand4.75%

Czechia4.75%

Morocco4.25%

Australia4.25%

South Korea4%

United Kingdom4%

Israel3.8%

Sweden3.75%

Denmark3.6%

Euro area3.25%

Hong Kong3.25%

Saudi Arabia2.75%

Thailand2.25%

Canada2.25%

United States1.75%

Switzerland1.75%

Japan0.15%

Year-end rate over time

20267.25%

20256.75%

20247.75%

20238.25%

20227%

20213.75%

20203.5%

20196.5%

20186.75%

20176.75%

20167%

20156.25%

20145.75%

20135%

20125%

20115.5%

20105.5%

20097%

200811.5%

200711%

20069%

20057%

20047.5%

20038%

200213.5%

20019.5%

200012%

← 2000 2002 →

2001: hikes and cuts worldwide →

Daily policy-rate data compiled by the BIS. Not investment advice.