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Strong rand hammered Standard Bank. Why is it blaming currency effects for revenue hit? Expert insights

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Standard Bank, a South African headquartered multinational, said this week that a stronger rand drove its revenue down in the first four months of this year. Why is it blaming 'currency effects' for its four-month revenue hit? Joining Jackie Cameron, for BizNews, to discuss a question that shareholders should be asking, as well as factors influencing the value of the rand, is Andre Cilliers, currency strategist at TreasuryONE.
*This podcast is proudly brought to you by TreasuryONE. Learn more about your ad choices. Visit megaphone.fm/adchoices
31 May 2021 10AM English South Africa Investing · Business News

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