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The RAIN tracks the combined movement of the Rand against a basket of currencies consisting of South Africa’s 5 most active international trading partners. The currency index will be calculated and distributed by the JSE on a daily basis and will be listed on the Yield-X platform.
Benefits
- Measures Rand strength/weakness relative to that of our main international trading partners.
- Users can observe the competitiveness of South African goods in international import and export markets.
- Gauge the price fluctuations of the South African Rand versus that of its prominent international trading partners.
Who should use this product?
- Economists and market commentators
- Market players wanting to gain exposure to a basket of currencies
How to use this product?
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Learn more about RAIN (Rand Index) |
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