WATCH: Weaker dollar and commodity prices boost rand
RMB’s John Cairns talks to Business Day TV about the local currency’s performance
04 August 2021 - 08:57
byBusiness Day TV
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The local unit has bounced back, recovering from July’s slump, when it almost crossed R15/$. The recovery has mainly been driven by commodity prices and a weaker dollar.
Business Day TV discussed the activity in the currency market with RMB’s John Cairns.
RMB's John Cairns talks to Business Day TV about the local unit's performance
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
News Leader
WATCH: Weaker dollar and commodity prices boost rand
RMB’s John Cairns talks to Business Day TV about the local currency’s performance
The local unit has bounced back, recovering from July’s slump, when it almost crossed R15/$. 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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