15 Aug Editing Allowed - talking Rand volatility and inflation
Taking a look at the Turkish Lira and how the current emerging market crisis is affecting the country. The rand volatility during this week quite clearly shows that the emerging market crisis is not a “rand story” and that we are just getting caught up in it. The rand is one of the most liquid currencies in the world, unfortunately when emerging markets are being held at respectable levels, the rand is an easy victim in some ways. What does this mean for our inflation? In a country that is struggling to grow above one percent, the panel takes a look at various aspects of our economy.