Breaking News: SARB Hikes by 50 Basis Points, USD/ZAR Shoots Lower
The South African Reserve Bank hiked rates by 50 basis points in an attempt to calm inflation and defend the value of the ZAR. Growth revised lower, to 1.7% for 2022
The South African Reserve Bank hiked rates by 50 basis points in an attempt to calm inflation and defend the value of the ZAR. Growth revised lower, to 1.7% for 2022