Expect the rand to stay stronger, for longer - TreasuryONE currency strategist Andre Cilliers

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At the start of the weekend, the rand lost some ground against the US dollar, with better-than-expected GDP numbers from the world's largest economy. TreasuryONE currency strategist Andre Cilliers explains that the US dollar was clawing back some of the past week's losses. He explains why - unlike some other analysts - he does not believe a Moody's country report on South Africa at the end of this week will be bad news for the rand. He was speaking to Jackie Cameron of BizNews, on the weekly BizNews Currency Focus podcast.
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3 May 2021 6AM English South Africa Investing · Business News

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