There are no economic announcements this week, although there are a few points to highlight. The ZAR has strengthened by 5% over the past month and currently trades around R16.00 to the dollar. ZARONIA 2-year and 3-year rates have been trading within a 7.38%–7.52% high-low range MTD. Lastly, Brent crude has traded above $90 per barrel for the past week.
