Russia/Ukraine peace talks at the forefront of Rand strength

After being called bullish about the Rand; TreasuryOne’s currency expert Andre Cilliers is confident that the rand can remain entrenched between R14.50 and R14.85 in the near term. He told Biznews that the Rand strength is supported by peace talks between Russia and Ukraine and although people tend to forget what the impact of the war is as it drags on; it is still very much at the forefront. Cilliers also weighs on Moody's revision of the country's outlook to stable, and on the impact on the economy of billions of rands that was returned to the Treasury by the North West and other provinces. Learn more about your ad choices. Visit megaphone.fm/adchoices