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Will the Reserve Bank hold interest rates this week? The rand is making a strong case
How much influence the rand has on the South African Reserve Bank's next interest rate decision will come into focus on Thursday, with its resilience helping to offset inflation risks from higher oil prices.
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iol.co.za
Here's why the Reserve Bank could hold interest rates next week despite growing inflation risks
The central bank faces a tough decision next week as oil prices move up - again. The bank raised rates in May, taking prime to 10.5%.
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Middle East conflict puts July rate decision under pressure as inflation risks mount
Escalating conflict in the Persian Gulf and rising oil prices have prompted economists to warn that the South African Reserve Bank may raise interest rates again later this week…
