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RMB Global Markets daily podcast - Positive ratings agency response

Friday, February 23, 2018

• All three major rating agencies responded positively to the budget, however, Moody’s rating review is only on the 23rd of March • Market speculation on a potential cabinet reshuffle will also be a big driver of markets • USD/ZAR opens exactly where it opened yesterday at 11.68, with potential to move lower. • EUR/ZAR opens at 14.37, GBP/ZAR at 16.29 and CNY/ZAR at 1.844.

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