Currency Focus News Today

Andre Cilliers of TreasuryONE says the central bank's continuous reluctance to increase interest rates in the name of growth is misinformed.

As the best-performing emerging markets currency, the South African rand extended its gains as rating agencies held the country’s credit rating at current levels. There is optimism that the SA economy is showing signs of improvement, which is feeding into the rand’s value. For TreasuryONE currency strategist Andre Cilliers, it is critical to look at the political and economic factors playing into the US dollar and euro for clues about where the rand is heading. He speaks to Jackie Cameron, ...

In this week’s Currency Focus podcast with Jackie Cameron, Andre Cilliers – currency strategist at TreasuryONE – underscores the benefits of offshore diversification. He shares how data from around the world play into sizing up the value of the rand and picks up on recent volatility, with the South African currency dipping below R14 to the US dollar. According to the currency expert, it’s still a great time to take advantage of the rand’s strength relative to major currencies.  Andre...

In this week’s Currency Focus podcast, valuable pointers on where the rand is heading in relation to major currencies: Investors want higher interest rates but they aren’t coming – the US government has made that clear, but many aren’t listening, says currency strategist Andre Cilliers of TreasuryONE. That in turn, he notes, has implications for the value of currencies in relation to the US dollar, including the rand. In this in-depth interview, Cilliers shares his reading of global and...