Markets: The rand is standing its ground
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Independent financial analyst Terence Hove unpacks the rand’s performance as it breaks
through R16.30. He discusses fuel and interest rate hikes, and the impact of positive ratings
developments and fiscal consolidation, which have helped the rand hold its ground against
other currencies. He also looks at how the volatile US-Iran standoff is clouding market
sentiment and affecting global equities, as well as developments in crypto valuations.
through R16.30. He discusses fuel and interest rate hikes, and the impact of positive ratings
developments and fiscal consolidation, which have helped the rand hold its ground against
other currencies. He also looks at how the volatile US-Iran standoff is clouding market
sentiment and affecting global equities, as well as developments in crypto valuations.
