Rand boosted by Brexit chaos but bets still on for a rate hike in South Africa

[BusinessTech]

Rand boosted by Brexit chaos but bets still on for a rate hike in South Africa

The chaos created by Brexit has given the rand a welcome boost, following a steady decline of the local unit earlier this week.

 

[MirageF1]

Just a blip...once there is any mention of "progress" of "an" agreement, the Pound will recover and kick the R in it's sorry @ss as usual...

 

[Mephisto_Helix]

soar pound, soar!

 

[C4Cat]

soar pound, soar!

???

 

[noxibox]

Just a blip...once there is any mention of "progress" of "an" agreement, the Pound will recover and kick the R in it's sorry @ss as usual...

Doesn't seem likely now that they're going to get a good deal, but we'll see.

 

[MirageF1]

Doesn't seem likely now that they're going to get a good deal, but we'll see.

We've seen these ups and downs before with Brexit negotiations...
whatever happens, the reality is the R will never recover..it's had it's day.
All thanks to you know who.