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.
* This podcast is proudly brought to you by Treasury ONE “South Africa’s leading treasury solutions company that unlocks financial value for your business” Learn more about your ad choices. Visit megaphone.fm/adchoices
3 May 2021 9AM English South Africa Investing · Business News

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