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After another tumultuous year for the rand, it’s essential to look at the events surrounding key currency fluctuations when forecasting for the year ahead.
The global outlook appears particularly uncertain today. Markets are preoccupied with how quickly central banks will need to raise short-term interest rates, and remove the unprecedented monetary stimulus put in place to mitigate the impact of the COVID-19 pandemic.
Inflation continues to dominate the global investment agenda. Investors have become inflation worriers, mainly because persistently high inflation is forcing central banks to become inflation warriors.
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?