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Implied Volatility on the Rise as USD/ZAR Hits a speedbump at 14.50

SOUTH AFRICA
  • SA 1Y basis swaps now trading in line with all-time highs at 105.00
  • last traded at this level on 12 Nov
  • USD/ZAR Implied volatility also continues to notch higher since 28 Dec
  • USD/ZAR risk reversals also ticking higher since 21 December
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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