Video: What a ratings downgrade means for the rand - CNBC Africa

What a ratings downgrade means for the rand

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The much anticipated ratings review from S&P Global Ratings will be announced today. Meanwhile, the rand has struggled to stay stable against the dollar on downgrade fears weighing on sentiment. Tim Nhamo, Director of Global Financial Innovations joins CNBC Africa for more on the implications of the possible ratings downgrade by S&P on the exchange rate.

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