South Africa’s new lower inflation target is giving the rand fresh momentum, with policymakers and analysts agreeing it could ...
South Africa’s currency is on track for its biggest August gain in two decades, with stocks not far behind, as a weakening dollar spurs demand for high-yielding assets outside the US. The rand is up 3 ...
The Big Mac Index suggests that the South African rand is about 52% undervalued. The measure of purchasing power highlights how inexpensive South African goods appear in dollar terms, but does this ...
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