Picture: REUTERS/SIPHIWE SIBEKO
Picture: REUTERS/SIPHIWE SIBEKO

The local unit has bounced back, recovering from July’s slump, when it almost crossed R15/$. The recovery has mainly been driven by commodity prices and a weaker dollar.​

Business Day TV discussed the activity in the currency market with RMB’s John Cairns.

RMB's John Cairns talks to Business Day TV about the local unit's performance

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