Rand cracks through R13.80 barrier ahead of US Fed meeting
The rand cracked through the R13.80/$ barrier for the first time in two weeks on Wednesday morning just hours before the US Federal Reserve announcement on interest rates. Markets expect the US Fed to leave rates on hold and hope for guidance from chairwoman Janet Yellen on US monetary policy direction. Rand Merchant Bank currency … Continue reading Rand cracks through R13.80 barrier ahead of US Fed meeting
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