Rand report: Rand unable to escape the global sell-off after a sobering National Budget Speech

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Rand report: Rand unable to escape the global sell-off after a sobering National Budget Speech

(Partner Content) The rand traded relatively flat ahead of the National Budget Speech and strengthened to USD/ZAR 14.396 during the speech. Government bonds saw similar movements, as the yields on 10-year bonds fell from 8.785% to 8.610% while Finance Minister Tito Mboweni was speaking.

Source: South African News | Online News | The South African

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