South Africa anticipates the Moody's review of the country's debt. The release was scheduled on Friday, October 12, however, it was postponed. Some analysts expect it to be released after the Medium-term budget policy statement (MTBPS) on October 24.
Tag - zar
On November 22, the South African Reserve bank (SARB) raised its interest rate to 6.75%. How does it affect the South African rand?
Watch and find out how did the recent rate hike by the RSAB affect the South African rand and what are the key levels for USD/ZAR in the next days!