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1. businesstech.co.za › news › financeThe rand could hit R20.50 to the dollar in 2024 – here’s how ...

   businesstech.co.za › news › finance

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   Jan 10, 2024 · 2024 is set to be a volatile year for the rand. The rand could hit R20.50 to the dollar in 2024 – here’s how South Africans can benefit – BusinessTech Markets data

   • The rand is undervalued – this is where it should be, and why ...

     Staff Writer. · 29 Apr 2024. The rand continues to struggle...

   • 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 › financeThe rand is undervalued – this is where it should be, and why ...

   businesstech.co.za › news › finance

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   Apr 29, 2024 · Staff Writer. · 29 Apr 2024. The rand continues to struggle through volatile global markets – sitting far from its ‘fair’ purchasing price parity (PPP) value of around R15.00 to the dollar ...

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 › 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 ...

5. www.reuters.com › markets › currenciesSouth African rand edges higher; big local drivers due next ...

   www.reuters.com › markets › currencies

   Sep 12, 2024 · Kavir Surujhlal, junior sales trader at IG Group, said the rand could be volatile over the coming weeks as markets digest the impact of the SARB rate cut. ... 2024 · 12:00 PM UTC · ago.

6. 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 ...

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 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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   How much should a Rand be worth in 2026?

   • 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. The principal economic analyst at The Efficient Group asserts that the rand should be valued between R15 and R16 against the US dollar, based on its purchasing power parity (PPP).

   Could 2024 Be the Year the Rand Regains its Strength?

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

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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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   How much will the Rand fluctuate in 2024?

   • “ Our medium-term view for the rand is that it will fluctuate between R18.50/$ and R20.50/$ with a lot of volatility. It may even go north of R20.50/$ if the global risk-off environment gains traction during the first half of 2024, ” Ackerman said.

   The rand could hit R20.50 to the dollar in 2024 - BusinessTech

   businesstech.co.za/news/finance/741445/the-rand-could-hit-r20-50-to-the-dollar-in-2024-heres-how-south-africans-can-benefit/

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   How will interest rate volatility affect the Rand?

   • “US interest rate expectation volatility has mainly driven movements in the domestic currency, weakening the rand.” On a PPP basis, the rand should be about R15.00 to the dollar, she said—a position last seen in 2022.

   The rand is undervalued – this is where it should be, and why it’s

   businesstech.co.za/news/finance/769964/the-rand-is-undervalued-this-is-where-it-should-be-and-why-its-nowhere-close/

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8. 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.