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1. businesstech.co.za › news › financeThis is the ‘real’ value of the rand right now – and why we ...

   businesstech.co.za › news › finance

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   Aug 5, 2024 · The difference between this and the actual exchange rate, R18.19 at the time The Economist did the study (31 July), suggests the South African rand is 49.9% undervalued – the 5th most under ...

2. www.iol.co.za › business-report › economyRand breaks R14 level after SARB upwardly revises ... - IOL

   www.iol.co.za › business-report › economy

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   The rand briefly dipped below the key R14 level against the dollar after the South African Reserve Bank (SARB) yesterday revised upwards its economic growth forecast as it announced that it had ...

3. businesstech.co.za › news › financeHow the rand can get back to R14 to the dollar - BusinessTech

   businesstech.co.za › news › finance

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   Aug 23, 2023 · R14.40/$ – Extreme Up Case – 1% Chance. For the Extreme Up Case, which would send the rand closer to its fair value, South Africa’s economic growth rate would have to rise to 3-5% and then 5 ...

4. www.news24.com › Fin24 › rand-breaks-through-r14-asRand breaks through R14/$ as Reserve Bank maintains ... - News24

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   May 20, 2021 · South Africa’s central bank stuck to the message that its next interest-rate move will be up, as it looked beyond a temporary pickup in inflation to keep the benchmark at 3.5% for a fifth straight meeting.

   • Author: Prinesha Naidoo

5. businesstech.co.za › news › financeThe rand is undervalued – this is where it should be, and why ...

   businesstech.co.za › news › finance

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   Apr 29, 2024 · The domestic currency ran below R14.50/USD in early April 2022, but weakened subsequently due to the rise in global risk aversion. At the time, the US was expected to hike interest rates, which it ...

6. www.reuters.com › markets › currenciesSouth African rand weaker following Fed meeting minutes

   www.reuters.com › markets › currencies

   May 23, 2024 · The South African rand weakened on Thursday, after Federal Reserve meeting minutes released on Wednesday hinted that interest rates will remain higher for longer in the world's biggest economy.

7. People also ask

   Could South Africa's Rand go 'extreme up'?

   • Investec looked at all the possible directions that the rand could go and how likely these are: For the Extreme Up Case, which would send the rand closer to its fair value, South Africa’s economic growth rate would have to rise to 3-5% and then 5-7% per annum.

   How the rand can get back to R14 to the dollar – BusinessTech

   businesstech.co.za/news/finance/713072/how-the-rand-can-get-back-to-r14-to-the-dollar/

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   Is the South African rand undervalued?

   • Using this direct comparison in pricing, the implied exchange rate of the rand is R9.12. The difference between this and the actual exchange rate, R18.19 at the time The Economist did the study (31 July), suggests the South African rand is 49.9% undervalued – the 5th most under-valued currency in the analysis.

   This is the ‘real’ value of the rand right now - BusinessTech

   businesstech.co.za/news/finance/785531/this-is-the-real-value-of-the-rand-right-now-and-why-were-way-off/

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   What factors affect the value of a Rand in South Africa?

   • Other factors are also taken into account, including investors’ appetite for risk and a plethora of local and global conditions that play into a particular market’s stability. In South Africa’s case, as an emerging market that is considered high risk, the value of the rand is driven by the whims of the global economy.

   This is the ‘real’ value of the rand right now - BusinessTech

   businesstech.co.za/news/finance/785531/this-is-the-real-value-of-the-rand-right-now-and-why-were-way-off/

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   Will the Rand reach r14/40/$ by Q4 2024?

   • Hence, the rand only has a 1% chance of reaching R14.40/$ by Q4 2024, Investec’s modelling shows. There is also only a 1% chance that the rand will drop below R17.00/$ by Q4 2024, the finance group said. In the Up Case, economic growth would need to lift towards 5.0%, leading to increased business confidence and investment.

   How the rand can get back to R14 to the dollar – BusinessTech

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   What will happen to South Africa's Rand in Q4 2024?

   • The base case scenario is the most probable result for South Africa, where the rand will drop slightly to R17.25 by Q4 2024. Economic growth will rise to 3.0% on reforms, with global financial risk sentiment being neutral to positive, whilst South Africa retains its BB credit rating.

   How the rand can get back to R14 to the dollar – BusinessTech

   businesstech.co.za/news/finance/713072/how-the-rand-can-get-back-to-r14-to-the-dollar/

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   Why did the rand Fall Again?

   • The decline in risk aversion, the drop in the severity of load shedding and local investors reducing their offshore exposure to remain within prudential limits led to a strong recovery. However, the rand again saw a massive drop only a few weeks later – breaching the R19.00/$ mark yet again.

   How the rand can get back to R14 to the dollar – BusinessTech

   businesstech.co.za/news/finance/713072/how-the-rand-can-get-back-to-r14-to-the-dollar/

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8. wired24.co.za › 2021/10/29 › why-the-rand-is-takingWhy the rand is taking a beating right now - Wired24

   wired24.co.za › 2021/10/29 › why-the-rand-is-taking

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   Oct 29, 2021 · Dollar/Rand: R15.24; Pound/Rand: R21.00; Euro/Rand: R17.74; In a separate note this week, investment bank BNP Paribas said that the fair value for the local currency according to its BEER+ model is R13.76, with the group forecasting a move to R14.25 by the end of the year.