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Ahead of SA Rate Decision, US Banks Upbeat on Local Inflation
Rand nears strongest level since June 2022, gaining 3% this year as gold prices surpass $5,000 per ounce, boosting investor sentiment ahead of SARB's policy meeting.
3 Articles
3 Articles
Ahead of SA rate decision, US banks upbeat on local inflation
Goldman Sachs Group and Morgan Stanley see room for the South African Reserve Bank to lower its inflation forecast for 2026, as policymakers prepare for their first interest-rate decision of the year later this week.
·South Africa
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South Africa: Rand Strengthens On Gold Rally Ahead of SARB Rate Decision
South Africa's rand moved closer to the 16-per-dollar level on Monday as record gold prices supported the commodity-linked currency ahead of the South African Reserve Bank's first interest rate meeting of 2026.
·South Africa
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Total News Sources3
Leaning Left0Leaning Right0Center3Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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