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SA central bank under increasing political pressure – Moody's - BusinessTech

South Africa's central bank is under increasing political pressure to maintain “expansionary” monetary policy, Moody's Investors Service said as the regulator prepares to challenge an instruction to change its mandate. The High Court in Pretoria will ...and more »

#RandReport: Stocks touch new peak, rand slips to 2-week low - Eyewitness News

The shares benefited from the rand's slip to a two-week low. As of 1537 GMT, the rand dipped to 13.2250 per dollar. Picture: EWN. Rand · SA rand vs US dollar · Dollar · Rand report. Email; Print. Share · Reuters | 4 months ago. JOHANNESBURG - South ...and more »

Rate cut signals political pressure on Reserve Bank: Moody's - Eyewitness News

Moody's says the SARB decision to cut rates by 25 basis points to 6.75% should support near-term growth by lowering the cost of investment, but also cited political pressure. Moody's Investors Service. Picture: Facebook. SA Reserve Bank · Interest ...and more »

Rand slips to two-week trough - Moneyweb.co.za

JOHANNESBURG – South Africa's rand slipped to a two week low on Monday after ratings agency Moody's warned that the recent interest rate cut by the central bank signalled growing political pressure on economic policy. On the bourse, stocks climbed to ...and more »

UPDATE 2-South African stocks touch new peak, rand slips to 2-week low - Reuters

JOHANNESBURG, July 31 (Reuters) - South Africa's stocks hit an all-time high on Monday, buoyed by the recent rally by heavyweights such as Naspers with sizeable foreign earnings. The shares benefited from the rand's slip to a two-week low. As of 1537 ...and more »