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After much talk and speculation about price pressure in the United States (US), the US Federal Reserve (the Fed) finally ripped the band-aid off.
South Africans had become so accustomed to the rand plateauing around the R13.70/$ mark that the rand’s recent rally came at a surprise to many.
The focus, this week, has largely been on the recovery of economies. Over the last 16 months lockdown restrictions have been in place
This week saw the dollar remain under pressure, leaving emerging markets and commodities to reap the benefit.
South Africans awoke to the news that rand is trading at its best level to the dollar in approximately 26 months.
The rand was slightly weaker against the dollar this morning. Bianca Botes, Director at Citadel Global, gives insight to the latest market news on Newzroom Afrika.
Another rather uneventful week has come and gone. The world remains steadfast in its focus on the global economic environment
If you own a business that is exposed to the risk of currency fluctuations, you could implement one of two classic hedging strategies
There are two things that one is always supposed to steer clear of in a conversation- politics and religion, and with good reason.
Inflation continued to be at the forefront of market news this past week as economies continue their recovery after the global COVID-19 pandemic.