The Rand is up, Gold is up, Platinum is up, GNU brought back investor confidence RSA hasn’t seen in years. On paper, the story looks good.
But compare the Rand against gold, silver, the Pound, the Euro, and the picture shifts. Fast.
So the real question, is RSA fixing its economic fundamentals, or is the Dollar just having a bad year and the Rand is along for the ride?
#SouthAfrica #Rand #Dollar #GlobalArbitrage #AfricanMarkets