[LISTEN] Understanding the stronger rand
The rand hit a new two-and-half year high on Wednesday. ETM Analytics Economist George Glynos weighs in.
CAPE TOWN – There’s been a fundamental rebalancing of the South African economy, according to an economist.
On Wednesday, 24 January, the rand strengthened against the dollar, breaking through the R12/US$ mark.
ETM Analytics Economist George Glynos says there’s a number of reasons for this.
Listen to the audio above for more.
