The dollar and the rand. Picture: REUTERS: SIPHIWE SIBEKO
The dollar and the rand. Picture: REUTERS: SIPHIWE SIBEKO

Viv Govender from Rand Swiss Offshore chose to go long on the rand as his stock pick of the day.

“I’m going long on the rand and I think that we’ve seen a bit of resistance in terms of weakening at about the R15,40/$. We have seen some good news about the inflation rate today, which got us to about R15.20.”

Viv Govender from Rand Swiss Offshore talks to Business Day TV about his stock pick of the day

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