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SA Rand Price Analysis: ZAR Gains as CPI (5.9%) Fuels Rate Hike Probability

Published: January 20, 2022

The Rand is currently the top performing currency vs the dollar with the recent uptick in metals driving appreciation. Hot CPI data lifts SARB rate hike probability

Source: dailyfx.com

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South AfricaSouth AfricanRichard SnowAfrican Reserve BankSouth African Rand AnalysisReaches Upper BoundAfrican RandBest Performing CurrencyConsumer Price IndexSouth African Reserve BankPrice AnalysisFuels Rate Hike ProbabilityTechnical Levels