Rand Breaches 17 Per Dollar for First Time Since February 2023

Rand Breaches 17 Per Dollar for First Time Since February 2023



Rand Breaches 17 Per Dollar for First Time Since February 2023
The rand strengthened below 17 per dollar for the first time since February 2023 after the government adopted a lower inflation target, suggesting interest rates may stay higher for longer than previously anticipated.


www.bloomberg.com
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