PODCAST | Rand takes a hit from all directions

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Mudiwa Gavaza is joined by Terence Hove, senior financial markets analyst at international multi-asset brokerage firm Exness

The discussion focuses on performance of the Rand, which is 7.3% down against the US Dollar since the start of the year.File photo.

In the face of ongoing local and international economic volatility, this edition of the Business Day Spotlight focuses on the performance of the rand. Following President Cyril Ramaphosa’s recent state of the nation address and finance minister Enoch Godongwana’s annual budget speech, the discussion focuses on the performance of the rand, which is down 7.3% against the US dollar since the start of the year.

 

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