MarketsPREMIUM

WATCH: Where to next for the defiant rand?

Craig Pheiffer from Absa Stockbrokers & Portfolio Management talks to Business Day TV about Monday’s market action

The FSCA has warned consumers about charlatans using forex as a way to make money. Picture: ISTOCK
The FSCA has warned consumers about charlatans using forex as a way to make money. Picture: ISTOCK

Craig Pheiffer from Absa Stockbrokers & Portfolio Management talks to Business Day TV about Monday’s market action following Friday’s downgrade.

The rand looks like it is defying market expectations, regaining almost 2% against the dollar.

Wichard Cilliers from TreasuryOne also gives some insight into where the local unit is headed.

LISTEN TO THE FULL SHOW:

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