The South African Reserve Bank (SARB) meets on Thursday this week to decide how much it should raise interest rates. Expectations are for a 25bps hike to 4.25%, however it is possible the central bank may hike 50bps in the wake of the sudden explosion is commodities, specifically oil, since the beginning of the Russia/Ukraine […]
The post USD/ZAR Pushing 5-Month Lows ahead of SARB appeared first on Action Forex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Springtime weather can be as erratic Read more…
Restaurants have struggled as consumers have been pulling back spending and trading down in their choice of where to eat. That has led to high-proifle closures including Smokey Bones shutting many of its stores and Read more…
Meta Platforms (META) is apparently weighing a sweeping workforce shake-up, according to a scathing new report. According to a Seeking Alpha report citing Reuters, Meta executives are exploring layoffs that could affect 20% or more Read more…