For most of last year, the consensus expectation was that rising inflation in the US would be transitory, keeping Federal Reserve rate hikes muted. So the Fed’s recent hawkish pivot has led to a dramatic shift in market sentiment, raising fears that emerging-market currencies could be in for a turbulent year.
SA, as a small commodity-producing emerging market with a history of large current account deficits, and facing rising inflation, waning growth and high levels of public debt, would typically be considered highly vulnerable to US monetary policy tightening. The rand would be a one-way bet...
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The great rand coin tossRand bulls are preening after the recent rally against a weakening dollar. But can it last? The bulls provide credible grounds for expecting the currency to remain stable to firm this year; the bears are more squeamish, writes ClaireBisseker.
Source: FinancialMail - 🏆 20. / 63 Read more »
MARKET WRAP: Rand and JSE weaker after volatile weekMarket volatility is not going away any time soon, and investors are expecting as many as five interest-rate increases from the Fed this year
Source: BDliveSA - 🏆 12. / 63 Read more »
The great rand coin tossRand bulls are preening after the recent rally against a weakening dollar. But can it last? The bulls provide credible grounds for expecting the currency to remain stable to firm this year; the bears are more squeamish, writes ClaireBisseker.
Source: FinancialMail - 🏆 20. / 63 Read more »
The Carnival is the first million-rand KiaReplacing the Grand Sedona, Kia’s new bus brings premium features into the family mover category Never will I settle for such
Source: BDliveSA - 🏆 12. / 63 Read more »
The great rand coin tossRand bulls are preening after the recent rally against a weakening dollar. But can it last? The bulls provide credible grounds for expecting the currency to remain stable to firm this year; the bears are more squeamish, writes ClaireBisseker.
Source: FinancialMail - 🏆 20. / 63 Read more »
The great rand coin tossRand bulls are preening after the recent rally against a weakening dollar. But can it last? The bulls provide credible grounds for expecting the currency to remain stable to firm this year; the bears are more squeamish, writes ClaireBisseker.
Source: FinancialMail - 🏆 20. / 63 Read more »