WATCH: Rand digests US inflation print

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WATCH: Rand digests US inflation print
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Business Day TV talks to RMB head of research John Cairns

The rand held steady below the R15 mark to the dollar. The local unit’s performance comes despite US inflation hitting a more than 40-year high of 8.

5% in the 12 months through to end-March, further supporting the Fed’s aggressive policy to contain rising pricing pressures. Business Day TV discussed this with RMB head of research John Cairns.

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