The rand staged another impressive recovery against the dollar in July, indicating the improved global risk appetite that has seen foreign investors buying SA bonds worth R30bn this month alone.
The rand’s recovery could further brighten the outlook for inflation, thus sparing consumers and businesses further increases in interest rates. ... There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: