Rand firmer ahead of Bank’s rate decision
The Reserve Bank monetary policy committee is expected to announce its decision on the interest rate on Thursday
15 July 2019 - 10:22
The rand was firmer against major currencies on Monday morning ahead of this week's interest rate decision.
The Reserve Bank monetary policy committee is expected to announce its decision on the interest rate on Thursday. The Bank kept the rate unchanged at 6.75% in May. A 25 basis point cut is the consensus among analysts, according to a Bloomberg poll, as major central banks take on a dovish tone. ..
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