12 April 2022 1 Min Read

NEWS LEADER

WATCH: Rand digests US inflation print

Business Day TV talks to RMB head of research John Cairns

in Markets
Picture: REUTERS/SIPHIWE SIBEKO
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The rand held steady below the R15 mark to the dollar. The local unit’s performance comes despite US inflation hitting a more than 40-year high of 8.5% in the 12 months through to end-March, further supporting the Fed’s aggressive policy to contain rising pricing pressures. Business Day TV discussed this with RMB head of research John Cairns.
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