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

    Aug 23, 2023 · According to Investec, it is eight times more likely that the rand will jump to R22.80 instead of R14.40 by Q4 2024 – although both outcomes are based on extremely low probabilities. Q1 23 Q2 23

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

    Oct 8, 2024 · 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. Goldman Sachs takes a more optimistic stance, projecting a strengthening rand to R14 against the dollar by 2026, with expectations of reaching R17.50/USD by mid-2024.

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

    Jan 8, 2024 · Last year Goldman Sachs predicted that the rand would strengthen to R14 to the dollar by 2026, and expected the rand to reach R17.50/USD by the middle of 2024. ... continue to work for the next 40 ...

  5. businesstech.co.za › news › trendingThe rand could hit R21.40 to the dollar in 2024, warns ...

    Apr 23, 2024 · Staff Writer. · 23 Apr 2024. Investec’s worst-case scenario projects the rand could tank to R21.40 by the end of 2024 and sink even further to R21.90 by the end of 2025. In the banking group ...

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

    Aug 5, 2024 · The ‘real’ value of the rand in 2024. ... the PPP value of the rand is likely closer to that R14.50-R15.00 range, and the currency will only start moving back towards that level with the start ...

  7. dailyinvestor.com › rand-can-strengthen-to-r14-usdRand can strengthen to R14/USD - Daily Investor

    Jul 18, 2023 · The global investment bank forecasts that the rand will trade at R18.25/USD within the next three months. It will then strengthen to R17.75 to the greenback in six months and to R17.50 within the next twelve months. Goldman Sachs expects this trend to continue, strengthening to R16.00/USD in 2024, R15.00/USD in 2025, and R14.00/USD in 2026.

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  9. dailyinvestor.com › business › 49833Warning that rand could hit R21.40 to the US dollar in 2024

    Apr 22, 2024 · Bianke Neethling • 22 April 2024. Investec predicts in its severe down-case scenario for South Africa that the rand could reach R21.40 to the US dollar in 2024. Investec chief economist Annabel Bishop said the rand has been under pressure the past week due to several factors weighing on the currency. These include: