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USDZAR: Q1 GDP 2022 Adds to SARB Pressure

South Africa's better-than-expected Q1 2022 GDP data on Tuesday added to the pressure for higher interest rates and a 50bp hike from the SARB...

Rand proving relatively resilient to market shocks

USDZAR,H4 South Africa's Central Bank (SARB) raised its benchmark interest rate for the second time on Thursday and warned that further gradual increases in borrowing...

USDZAR Focus: Risk Sentiment and SARB Decisions

USDZAR, Daily The risk sentiment and the SARB rate decision will be the main drivers of USDZAR today (Thursday), amid the domestic strife. It is...

Was the South Africa Rate Hike Necessary?

The short answer is no. But allow me to elaborate. South Africa has not been economically happy over the past months. The government's proposal to...

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