The rand pushed to its best level against the dollar in nearly two years on Tuesday morning amid signs of easing concerns on US inflation, which is at a 12-year high.
The uncertainty on the outlook for US inflation has been the source of market angst for the better part of a month, with some arguing it is here to stay given the recent pickup in commodity prices, while others say it is transitory...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.