Rand risk rises if SARB hikes but guides cautiously
Commerzbank’s Volkmar Baur said a 25 bps SARB rate rise is fully priced in, but the rand could fall if the central bank raises rates on Wednesday without signaling further hikes.
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Commerzbank’s Volkmar Baur said a 25 bps SARB rate rise is fully priced in, but the rand could fall if the central bank raises rates on Wednesday without signaling further hikes.