Credit Agricole expects the South African Reserve Bank to raise its key interest rate to 7.25% due to accelerating inflation and rising energy prices. While the country's economy remains resilient, a decision not to increase the rate could put additional pressure on the rand.
Citi considers the possibility that the Bank of Korea may raise its key interest rate at the upcoming meeting, due to revised economic forecasts indicating higher GDP growth and inflation for 2026.
The Central Bank of Uzbekistan has kept its key interest rate at 14%, while adopting a more hawkish tone due to persistent inflationary pressures and rising external risks. The institution does not rule out the possibility of further tightening its policy.