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Picture: 123RF/UUK ZIVANA
Picture: 123RF/UUK ZIVANA

The rand continues to be one of the most undervalued currency in the world, according to the The Economist’s Big Mac Index. The data suggests that the local unit should be trading at R7.75 to the dollar. Business Day TV spoke to RMB’s head of FX execution, Matete Thulare, for more detail.

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