South African Rand

26 Mar 2010

Market commentary

Compiled by Nigel Rendell,
senior emerging markets strategist

RBC Capital Markets

Tel: + 44 20 7029 7403

The South African Reserve Bank wrong-footed the financial markets this week and cut interest rates by 50bp, taking the repo rate to an historic low of 6.5%.

SARB governor Gill Marcus described the ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial