Allgemeine Zeitung
The rand was trading at R16.84 against the greenback yesterday afternoon after reaching R16.45 earlier this week. Photo Reuters The rand was trading at R16.84 against the greenback yesterday afternoon after reaching R16.45 earlier this week. Photo Reuters
MW Main

Expected Fed hike hurts rand

August 04, 2022
The US dollar remained elevated yesterday following its biggest surge in three weeks against major peers overnight, with Federal Reserve officials talking up the potential for further, aggressive interest rate hikes.The rand – and by...
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