The Rand Is Undervalued Right Now – Here’s Where It Is Heading For The Rest Of The Year
31 May 2022 – Global financial conditions are likely to become less supportive of the rand despite data showing the local currency is already undervalued, say economists at Nedbank. In a research note published on Friday (27 May), the bank noted that the US Federal Reserves’ move to increase interest rates at pace will likely […]
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