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The rand soared to a three month peak against the dollar yesterday after China unexpectedly raised interest rates, prompting speculation that the Chinese unit would not be revalued soon and hitting the greenback.
This was down after China announced an interest rate increase – the first such increase in 9 years.
According to the latest monthly Absa House Price Index, nominal year-on-year growth of 33,7% was recorded in house prices in September 2004.
Inequalities are not being addressed...
Would you willingly give up your medical scheme membership under a fully implemented NHI?