GOOD NEWS: US dollar/RTGS dollar rates fall as market self corrects

The second day of trading on the foreign currency interbank market witnessed commendable activity with indications that the US – RTGS dollar cross rate will stabilise to below three in the long term. The product of the Monetary Policy Statement, the fo…

The second day of trading on the foreign currency interbank market witnessed commendable activity with indications that the US – RTGS dollar cross rate will stabilise to below three in the long term. The product of the Monetary Policy Statement, the forex interbank market was off to a flying start with US$5 million worth of […]