WATCH: What milk prices tell us about African currencies
RMB’s Neville Mandimika talks to Business Day TV about the company’s milk index
RMB has developed a milk index that determines which African currencies are undervalued, overvalued or fair valued.
The latest data shows that the rand and Egyptian pound stand out among African currencies as trading close to fair value.
Business Day TV spoke to Neville Mandimika from RMB for more of the detail about the index.
Or listen to the full audio: