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Xi meets Ramaphosa and discuss how to bolster trade in their own currencies Yuan still weakens despite PBOC’s most forceful fixing on record BRICS might

If the SARB raises rates less than expected or if the statement is less hawkish than expected, the pair may break higher.

South African Rand is looking past the pandemic South African Rand is looking past the pandemic Joe Perry April 1, 2021 5:24 PM The South African Rand has been stronger for much of the last year, and that trend may continue. Share: Last week, the South African Reserve Bank (SARB)  left rates unchanged at a record low of 3.25%.  They said that the path of recovery depends on the pace of vaccine rollout and the path of the ...

SARB leaves rates unchanged amid new variant of coronavirus: USD/ZAR, GBP/ZAR Joe Perry January 21, 2021 7:59 PM The South African Reserve Bank (SARB) left rates unchanged at 3.5%, a record low Share: Little is discussed regarding the effect of the coronavirus (and its variant) on the South African economy.  Earlier today, the South African Reserve Bank (SARB) left rates unchanged at 3.5%, a record low.  The central bank had cut interest rates by 300 b...