Fed holds the key this week
By Andre Botha, Senior Dealer, TreasuryONE Last week was a “rollercoaster” week for the rand, with the rand weakening for nine straight days. The rand lost around R1.50 or just over 1
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By Andre Botha, Senior Dealer, TreasuryONE Last week was a “rollercoaster” week for the rand, with the rand weakening for nine straight days. The rand lost around R1.50 or just over 1
Rand update The rand recouped all of Monday’s losses as it closed 2.3% stronger at R15.77 yesterday. The rand was initially supported by a softer dollar but managed to hold on to its gains ev