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...
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now