5 important things happening in South Africa today

Here’s what is happening in and affecting South Africa today:

 

  • The rand rallied late on Wednesday, to R14.14/$ after the US Federal Reserve raised interest rates by 25bps despite the president’s criticism ahead of such a move. On Thursday however, the rand opened at R14.37 with an eye on US jobless expected later. The rand traded at R14.36 to the dollar, R18.14 to the pound and R16.35 to the euro.

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5 important things happening in South Africa today