SA inflation hit 4.0% on Wednesday — its highest since August 2024. Brent oil collapsed 10% the same day. The Rand gained 25 cents in a single session, and 30 cents for the week. The Rand came into this week at R16.74/$. Last week had given back some of the prior fortnight's gains — a routine 22-cent softening on the back of US inflation data and a hawkish Federal Reserve. This week, it gave it all back — and then some. Thirty cents of Rand strength in five trading days. Here

SA inflation hit 4.0% on Wednesday — its highest since August 2024. Brent oil collapsed 10% the same day. The Rand gained 25 cents in a single session, and 30 cents for the week. The Rand came into this week at R16.74/$. Last week had given back some of the prior fortnight's gains — a routine 22-cent softening on the back of US inflation data and a hawkish Federal Reserve. This week, it gave it all back — and then some. Thirty cents of Rand strength in five trading days. Here