ZAR: Initial Post-SARB ZAR Strength Quickly Reverses
* Slight ZAR strength in the immediate aftermath of the rate decision, as a minority of analysts (3 out of 21 surveyed by Bloomberg) had been expecting a cut. However, the move was short-lived and has already reversed. Moreover, the USDZAR move represented only a mere retracement of today's earlier rally, with spot aro