A Startling Revelation: SARB Governor Kganyago Declares Rand Undervalued by a Staggering 57%
In a speech that sent shockwaves through financial and political circles, South African Reserve Bank (SARB) Governor Lesetja Kganyago delivered a stark assessment of the nation’s currency, revealing that fundamental economic metrics suggest the rand is profoundly undervalued, trading at less than half its theoretical fair value. The revelation came during an address to business…









