South Africa policy rate in 2006 (4 changes)

Start of year7.00%

End of year9.00%Dec 30, 2006

Net change+200 bp4 hikes, 0 cuts

Average7.63%

Rank by level7 / 38

Changes in 2006

Date	From	To	Change
Jun 8, 2006	7.00%	7.50%	hike +50 bp
Aug 3, 2006	7.50%	8.00%	hike +50 bp
Oct 13, 2006	8.00%	8.50%	hike +50 bp
Dec 8, 2006	8.50%	9.00%	hike +50 bp

Compared with other areas at the end of 2006

Türkiye17.5%

Serbia14%

Iceland13.3%

Brazil13.25%

Russia11%

Indonesia9.75%

South Africa9%

Romania8.75%

Hungary8%

Philippines7.5%

Colombia7.5%

New Zealand7.25%

India7.25%

Mexico7.02%

Hong Kong6.75%

Kuwait6.25%

Australia6.25%

China6.12%

North Macedonia5.81%

United States5.25%

Chile5.25%

Saudi Arabia5.2%

Thailand5%

United Kingdom5%

Peru4.5%

South Korea4.5%

Israel4.5%

Canada4.25%

Poland4%

Denmark3.75%

Euro area3.5%

Norway3.5%

Malaysia3.5%

Morocco3.25%

Sweden3%

Czechia2.5%

Switzerland2%

Japan0.25%

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%

← 2005 2007 →

2006: hikes and cuts worldwide →

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