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1. www.arcadiafinance.co.za › economy › rand-strengthCould 2024 Be the Year the Rand Regains its Strength?

   www.arcadiafinance.co.za › economy › rand-strength

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   Oct 8, 2024 · Volatility leading up to the elections could also impact the rand, possibly revisiting the R19/USD level seen in 2023. On a brighter note, South Africa’s improving current account deficit in the third quarter of 2023 as a rare bright spot for the local currency amid a challenging year.

2. www.dailymaverick.co.za › article › 2024/04/22Loaded for Bear: The rand is set for a turbulent elections ride

   www.dailymaverick.co.za › article › 2024/04/22

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   Apr 22, 2024 · 22 Apr 2024 2. The rand/dollar exchange rate is influenced by a range of factors. But for the next few weeks, South Africa’s general elections on 29 May and the result that follows will be the ...

3. businesstech.co.za › news › business-opinionThis is where the rand could be heading in 2023 – BusinessTech

   businesstech.co.za › news › business-opinion

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   Jan 17, 2023 · Investec highlighted five key scenarios for South Africa in 2023, the most likely being its baseline scenario with a 48% chance of occurring. Extreme upside. Rand movement: Strong first quarter ...

4. www.dailymaverick.co.za › article › 2024/05/20-randElection jitters shelved: Rand soars to 10-month high against ...

   www.dailymaverick.co.za › article › 2024/05/20-rand

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   May 20, 2024 · Rand brushes off costly election jitters to soar to 10-month high against dollar. The rand has put in some big gains in the past couple of weeks — a sign that the market is not in pre-election ...

5. businesstech.co.za › news › financeExpect a shift for the rand in 2024 – but with a catch ...

   businesstech.co.za › news › finance

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   Jan 24, 2024 · Luke Fraser. · 24 Jan 2024. The South African rand is expected to end 2024 in a much better place compared to the dollar than where it started – but the sailing is not likely to be smooth ...

6. www.moneyweb.co.za › news › economyCould 2024 be the year the rand recovers some glory?

   www.moneyweb.co.za › news › economy

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   Jan 8, 2024 · It lost 9% to the US dollar in 2023, and 17% over the past two years. ... Kganyago sees 2024 elections among top risks for South Africa. ... Last year Goldman Sachs predicted that the rand would ...

7. People also ask

   Will the South African rand end in 2024?

   • The South African rand is expected to end 2024 in a much better place compared to the dollar than where it started – but the sailing is not likely to be smooth. Experts at Bank of America (BofA) said that the rand will likely benefit from the market’s realisation that the dollar is overvalued.

   Expect a shift for the rand in 2024 – but with a catch

   businesstech.co.za/news/finance/745107/expect-a-shift-for-the-rand-in-2024-but-with-a-catch/

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   What are the forecasts for the Rand in 2024?

   • Forecasts for the rand in 2024 vary. Nedbank anticipates it to be at R18.21 against the USD, slightly better than its current rate. Investec predicts it will reach R17.60 in the final quarter of 2024, following an average of R18.80 for much of the previous year.

   Could 2024 Be the Year the Rand Regains its Strength?

   www.arcadiafinance.co.za/economy/rand-strength/

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   Will the Rand strengthen further in 2023?

   • Barring any black swan events and other market shocks, the rand has the potential to strengthen further in 2023, and could see a period of relative stability, says Investec.

   This is where the rand could be heading in 2023 – BusinessTech

   businesstech.co.za/news/business-opinion/656891/this-is-where-the-rand-could-be-heading-in-2023/

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   What will South Africa look like in 2023?

   • Investec highlighted five key scenarios for South Africa in 2023, the most likely being its baseline scenario with a 48% chance of occurring. Extreme upside Rand movement: Strong first quarter, averaging R16.40, moving to R15.50 by Q2, R14.50 by Q3 and R14.00 by Q4. Upside

   This is where the rand could be heading in 2023 – BusinessTech

   businesstech.co.za/news/business-opinion/656891/this-is-where-the-rand-could-be-heading-in-2023/

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   Is South Africa's current account deficit a bright spot for the Rand?

   • On a brighter note, South Africa’s improving current account deficit in the third quarter of 2023 as a rare bright spot for the local currency amid a challenging year. The health of the rand is closely tied to the overall economic performance of South Africa.

   Could 2024 Be the Year the Rand Regains its Strength?

   www.arcadiafinance.co.za/economy/rand-strength/

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   Will South Africa's Rand get better?

   • South Africa’s rand has a rocky path ahead of it, but things can get a lot better – or a lot worse – as markets look out at the year ahead.

   The worst-case 2024 election result that could push the rand over R21

   businesstech.co.za/news/finance/742521/the-worst-case-2024-election-result-that-could-push-the-rand-over-r21-to-the-dollar/

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8. businesstech.co.za › news › financeThe worst-case 2024 election result that could push the rand ...

   businesstech.co.za › news › finance

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   Jan 15, 2024 · The worst-case 2024 election result that could push the rand over R21 to the dollar. Staff Writer. · 15 Jan 2024. The rand has continued to move counter to seasonal trends, and with a lot of ...