South Africa’s Rand Is Losing Its Reputation for Wild Volatility
A gauge of expected volatility for the rand versus the dollar is at its lowest level since the turn of the century, suggesting traders expect little upheaval for the South...
By Mpho Hlakudi · Bloomberg Markets
A gauge of expected volatility for the rand versus the dollar is at its lowest level since the turn of the century, suggesting traders expect little upheaval for the South African currency as the year draws to a close.