South Africa: SA Reserve Bank Set to Hike Rates Again to Contain Rand Meltdown and Fresh Inflation Pressures

May 23, 2023
[Daily Maverick] The South African Reserve Bank looks set to hike rates for a 10th consecutive time when its Monetary Policy Committee wraps up its three-day meeting this week on Thursday. The rand's blowout since its last meeting in March and US rate hikes are forcing its hand.

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