The strengthening was established well before the municipal election results.— Dr Adrian Saville
Gushwell Brooks (in for The Money Show’s Bruce Whitfield) interviewed Citadel Chief Strategist Dr Adrian Saville about how the rand and investors have responded to the local government election results.
Scroll down for quotes from the audio below.
Pervasive negative interest rates are making the rand interesting.— Dr Adrian Saville
Our macroeconomic policies are sound.— Dr Adrian Saville
The rand has strengthened materially. Inflation will now start to dampen.— Dr Adrian Saville
If growth remains anaemic… the issue is not ‘if’ but ‘when’ ratings agencies will downgrade our credit rating.— Dr Adrian Saville
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