MONETARY POLICY COMMITTEE: Rand hits record low despite SA Reserve Bank hiking interest rates by 50 basis points

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MONETARY POLICY COMMITTEE: Rand hits record low despite SA Reserve Bank hiking interest rates by 50 basis points
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The rand sank to a record low on Thursday after the statement by the South African Reserve Bank’s Monetary Policy Committee and subsequent comments by the governor painted a bleak picture for the currency. The currency’s latest slide came after the ...

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