Hike interest rates to strengthen the Rand

Weak Rand/USD exchange rate is inflationary
Increasing interest rates encourage foreigner investors to keep their money within South Africa and prevent outflows in order to maintain the value of the Rand.
Phillepus Uusiku
  • 3 Year Ago - 2023-04-11 00:00:00
Phillepus UusikuThe painful move by the South African Reserve Bank (SARB) to hike interest rates is crucial in strengthening the Rand/USD exchange rate.In an exclusive interview wi
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Namibian Sun 2026-05-05

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