Reserve Bank Governor, Lesetja Kganyago will announce the Monetary Policy Committee’s decision on interest rates.
While financial asset prices have been volatile for much of the year due to pandemic-related developments and geopolitical events, recent weeks have seen markets strengthen.
Capital flows to emerging markets have generally picked up when compared to the outflows experienced in March and April, and global policy rates look set to remain accommodative.
Nonetheless, pronounced levels of risk aversion are likely to persist through 2021, particularly where economies fail to grow or run large external imbalances, fiscal deficits and high debt levels.
In other news – Zari Hassan the boss lady spilling the tea on her Relationship with Cedric Fourie
Remember in January when we reported that The man who plays Lehasa Maphosa on Skeem Saam, Cedric Fourie was smitten with his Ugandan bae, Zari Hassan who goes by the name Zari The Boss Lady? According Zari it ended in tears. Learn more