WATCH: Easing US inflation boosts rand

Business Day TV speaks to RMB head of FX execution Matete Thulare

The Treasury released the Draft Revenue Laws Amendment Bill introducing a “two-pot” system that will allow South Africans to save for nonretirement purposes, such as emergencies, via their retirement funds. Picture: 123RF/UFUK ZIVANA

The rand has made a comeback. The local unit is trading near a five-year high, mainly driven by the softer-than-expected US inflation data. Business Day TV discussed the moves playing out in the currency scene with RMB’s head of FX execution Matete Thulare.

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BDliveSA /  🏆 12. in ZA

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