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South Africa’s Central Bank Turns Dovish, Sending the Rand Toward 17 per Dollar
The South African Reserve Bank held rates at 7% but struck a dovish tone, and the rand slid toward 17 per dollar as a hawkish US Federal Reserve loomed.
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Colombia’s Inflation Hits Two-Year High of 6.14% Despite 12% Interest Rate
Colombia's annual inflation hit a two-year high of 6.14% in June, just after the central bank raised its benchmark rate to 12%, with a big minimum-wage
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South Africa’s Central Bank Turns Dovish, Sending the Rand Toward 17 per Dollar
The South African Reserve Bank held rates at 7% but struck a dovish tone, and the rand slid toward 17 per dollar as a hawkish US Federal Reserve loomed.
