Only way to avoid stagflation is to increase our interest rates - TreasuryONE's Andre Cilliers
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In the latest episode of the Currency Focus podcast, Bronwyn Nielsen and currency expert Andre Cilliers of TreasuryONE discuss the local unit’s movements. Cilliers says that the central bank's continuous reluctance to increase interest rates in the name of growth is misinformed. He also mentions possible risks to the rand, including any negative news out of China (especially to do with Evergrande or the energy crisis) or an announcement by the Federal Reserve on tapering and interest rate movements. Learn more about your ad choices. Visit megaphone.fm/adchoices
