Rand Strengthens to Below R15/$

Rand Strengthens to Below R15/$

 R15/$ Ceiling Broken Today the rand strengthened to above the R15/$ ceiling for the first time since December, after US federal reserve bank chairperson Janet Yellen’s dovish comments yesterday. Yellen said the bank will be taking a more cautious approach to rate...
Gear Up for a 0.5% Interest Rate Hike

Gear Up for a 0.5% Interest Rate Hike

Keeping up with the Curve Economists agree that the South African Reserve Bank’s (Sarb’s) monetary policy committee (MPC) is likely to announce a 0.5% interest rate hike on Thursday, 28 January 2015 . This interest rate hike of 50 basis points (bps) is far...