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1. 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 rand has continued to move counter to seasonal trends, and with a lot of volatility expected in global and local markets in 2024, risk is building for the local unit to end things off on the ...

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

     Luke Fraser. · 24 Jan 2024. The South African rand is...

2. 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 ...

3. 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 · 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.

4. 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 · There is also only a 1% chance that the rand will drop below R17.00/$ by Q4 2024, the finance group said. ... The base case scenario is the most probable result for South Africa, where the rand ...

5. www.disruptionbanking.com › 2024/07/23 › how-strongHow Strong Will The South African Rand (ZAR) Be In 2024?

   www.disruptionbanking.com › 2024/07/23 › how-strong

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   Jul 23, 2024 · While the new government of national unity will of course be seeking to improve South Africa’s economic fate, the data remains concerning. Real GDP growth decelerated from 1.9% in 2022 to 0.6% last year. The current account deficit is widening, putting further pressure on the rand. Unemployment is high and youth unemployment, at almost 40% ...

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 · In 2024, there is a high probability that the rand will remain stable around 18.5 against $ or appreciate to levels between 17/18 against $. Depreciation in 2025 is an outlier position.

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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   Will the Rand go up by Q4 2024?

   • 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. Read: Things are looking up for interest rates in South Africa

   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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   What is Investec's forecast for a Rand in 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.

   Could 2024 Be the Year the Rand Regains its Strength?

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

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   Will the Rand end up on the wrong side of R20?

   • The rand has continued to move counter to seasonal trends, and with a lot of volatility expected in global and local markets in 2024, risk is building for the local unit to end things off on the wrong side of R20 to the dollar.

   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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   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

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

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   What is the outlook for the Rand in 2024?

   • Growth prospects remain subdued, with the economy expected to expand by only 0.7% to 1.5% annually over the next two years. Forecasts for the rand in 2024 vary. Nedbank anticipates it to be at R18.21 against the USD, slightly better than its current rate.

   Could 2024 Be the Year the Rand Regains its Strength?

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

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8. www.reuters.com › world › africaSouth African rand extends gains after unity government ...

   www.reuters.com › world › africa

   Jun 18, 2024 · South Africa's rand was slightly stronger in early trade on Tuesday, building on gains after unity government members were confirmed last week and ahead of talks by U.S. Federal Reserve officials ...