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This Q&A with a Momentum Investments strategist discusses the Fed's July 25-basis-point hike and the SARB's hold at its July meeting. It suggests both central banks may be nearing the end of their hiking cycles.
The rand is more than 3% weaker year to date.
Expectations that rate hikes are ending tend to support emerging-market currencies, but the outlook depends on inflation, which affects the cost of dollar-priced imports.
businessday.co.zaLindiwe TsoboJul 28, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
