Donald Trump still hammering South African rand
This is a reaction, quite clearly, to Trump’s victory.George Glynos, ETM Analytics
This doesn’t change too much just yet... We need to let the real Donald Trump stand up.George Glynos, ETM Analytics
A strong US economy is in South Africa’s interest. It will be supportive of stronger commodity prices.George Glynos, ETM Analytics
The rand was weaker against major currencies on Monday, extending huge losses it suffered last week on fears that Donald Trump will pursue policies that could cause capital outflows from developing economies.
Ray White (in for The Money Show’s Bruce Whitfield) interviewed George Glynos, Economist and MD at ETM Analytics.
Listen to the audio below for the discussion on the implications of a Trump presidency on the rand.
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This article first appeared on CapeTalk : Donald Trump still hammering South African rand