No end of year slow down on the Rand

Weekly market report by Andre Botha, Senior Currency Dealer at TreasuryONE No end of year slow down on the Rand What an exciting week last week was for the Rand, with the Rand breakthrough and sustaining a break below the R14-level. One of the critical events was the hike of 25-basis points of the South African interest rate. The Rand reacted positively to the…

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Taking an interest in the interest rate

Weekly market report by Andre Botha, Senior Currency Dealer at TreasuryONE Taking an interest in the interest rate The buzzword in economic terms are interest rates and we are all glued to our screens when the Fed announces their US interest rate decision and in South Africa whether our MPC will increase or cut local interest rates. But, let’s take a more in-depth look at how…

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