Triple break proves rand investors only have eyes for politics

by | December 5, 2017 6:02 pm

South Africa just got good news in triplicate. Yet the rand, the world’s most volatile currency, barely budged.   In the space of seven minutes, traders had to digest data showing the economy grew a better-than-forecast 2 percent quarter-on-quarter, between July and September, an almost 10 percent jump in the trade surplus in the period…

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