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Rand rallies on optimism rate hike isn’t just a one-off
South Africa’s rand rose after the nation’s central bank boosted its main interest rate for the first time since 2016 and said its model signals four increases by the end of 2020.
South Africa’s rand rose after the nation’s central bank boosted its main interest rate for the first time since 2016 and said its model signals four increases by the end of 2020.