Treasury-One-Daily-Report-South-Africa-03

From Corona to SONA

Weekly market report by Andre Botha, Senior Currency Dealer at TreasuryONE   From Corona to SONA   The banana peel that the Rand stepped on was a little bit bigger than we initially thought as the Rand broke above the R15.00 level in the wake of developments in China and good numbers out of the US on Friday. If one looks at the current momentum,…