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Markets welcome Budget delay

Summary by Sunday World
The improved value of the rand was one of the clearest indicators that the markets have given the unprecedented postponement of the budget speech the thumbs up.  The rand on Wednesday dropped to R18.58 from R18.33 to the US dollar due to what analysts viewed as uncertainty linked to the postponement of the 2025 Budget Speech.  However, the local currency bounced back to R18.32 on Friday morning, a development which led independent economist Mand…
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Sunday WorldSunday World

Markets welcome Budget delay

The improved value of the rand was one of the clearest indicators that the markets have given the unprecedented postponement of the budget speech the thumbs up.  The rand on Wednesday dropped to R18.58 from R18.33 to the US dollar due to what analysts viewed as uncertainty linked to the postponement of the 2025 Budget Speech.  However, the local currency bounced back to R18.32 on Friday morning, a development which led independent economist Mand…

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TreasuryONE Unlocking ValueTreasuryONE Unlocking Value

Market Turbulence Ahead: Unpacking the Delayed Budget and CPI Surprises

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TreasuryONE Unlocking Value broke the news in on Monday, February 24, 2025.
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