SARB Defies Dovish Hopes: Rate Hike Sparks Rand Rally Against Inflation Risks

SARB’s surprise 25bp hike crushed dovish bets and sent the rand soaring. Markets scrambled to reprice as the central bank chose inflation anchoring over consensus expectations.

JP Morgan Rand Forecast: SARB Caution Slows Gains—ZAR Bullish Call Stands

JP Morgan says buy the rand while South Africa’s central bank talks it down—why this conflict signals your entry point, not your exit.