By Siphelele Dludla | Published Oct 5, 2023
The rand has been pressured by a stronger dollar and surging US Treasury yields, which has been driving investors to the greenback, amid expectations that monetary policy will need to stay restrictive for “some time” to bring inflation back down to the 2% target in the US.
By Siphelele Dludla | Published Oct 4, 2023
Markets were concerned about the prospects of further interest rate hikes to curb the potentially rising inflation.
By Chris Harmse | Published Sep 26, 2023
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