Loading…
The rand recovered on 24 May after the Reserve Bank held the repo rate at 6.75% in a 3-2 committee vote. Benchmark 2026 bond yields fell 4 basis points to 8.34%.
Steady rates with firmer bonds support the rand, which lowers the local cost of imported feed. Split policy votes hint at a possible future rate change.
moneyweb.co.zaMfuneko Toyana, ReutersMay 24, 2019Not 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.
