The MPC has unsurprisingly decided to increase the repo rate by 25bps from 3.75% to 4%. USD/ZAR reaction muted after markets priced in rate hike.
from DailyFX – Market News https://bit.ly/34eTO1L
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Expected SARB Hike Comes to Fruition at 4%, USD/ZAR Subdued
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Educ Arte Económico 