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Is the rand overvalued?

The rand is fast approaching its 14 months high this morning as the currency shows consistent strength today. This as risk appetite globally and positive local retail sales data boosted demand for the currency. Then rand is currently at R14.30 against the US dollar, just 10 cents above its target for the 14 month high. Investec Chief Economist, Annabel Bishop joins CNBC Africa for more.

Thu, 15 Apr 2021 11:10:33 GMT
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