TreasuryOne’s Andre Cilliers is bullish on the rand – here’s why
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TreasuryOne’s currency expert Andre Cilliers unpacks the optimism around the rand, with many analysts predicting there is more positive price action to come after a good start to the year for the local currency. Inflation and the interest rate cycles are two important factors influencing currency markets at the moment. Cilliers outlines the emerging market central banks are ahead of their developed market peers in this regard. He notes this as another tailwind for the emerging market basket, which has enjoyed mixed success thus far in 2022. The rand continues to be one of the best performing currencies this year, buoyed by robust commodity prices. Long may it continue. Learn more about your ad choices. Visit megaphone.fm/adchoices
