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News · ▼ Bearish · 2 sources confirmed · 2026-09-25 06:02 UTC

SARB’s Rate Hike Couldn’t Keep The Rand Steady

Why now

Thesis: Domestic tightening insufficient against dollar

Catalyst to watch: US yield trajectory

Main risk: Continued rand depreciation

Why it matters

A hike that fails to support the rand underscores external drivers outweighing domestic tightening.

Related assets & topics

Emerging MarketsDollar

Sources

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