The rand’s good performance might just be the beginning

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Goldman Sachs strategists say comments by government officials about a plan to stabilise Eskom have been welcomed by rates and forex markets

Source: Financial Digest (financialdigest.net)

 

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What is wrong with you? South Africa is totally insolvent and morally bankrupt. It can never repay its debts. Dream on✌🏿

A stronger rand may also help when sending returns back to US lenders, foreign micro lending business.

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