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4 days ago · The rand is struggling to break past the R17.00/USD mark, but estimates show that it should be roughly R2 stronger than it is currently. Wealth Investment Strategist Izak Odendaal said the rand ...
- Rand close to breaking R17 to the dollar – but needs a bigger ...
The rand has strengthened in South Africa, but it is...
- Rand close to breaking R17 to the dollar – but needs a bigger ...
Sep 30, 2024 · The rand has strengthened in South Africa, but it is unlikely to break the R17/$ mark without any significant push. The rand strengthened quickly over the last couple of weeks after the US Federal ...
Andre Cilliers, currency strategist at TreasuryONE said earlier this week that the rand will remain below the R18 mark this week. “The rand is likely to remain within a R17.40 to R17.70 range in ...
- Vernon Pillay
Sep 23, 2024 · Last week, the ZAR broke through the R17.60 mark against the dollar to reach its best levels since July 2023. To place this into context, the rand was trading at around R19.30 in February 2024.
- Vernon Pillay
Oct 1, 2024 · Bishop noted that R17 to the dollar was a major resistance level and will likely require further momentum to convincingly pierce that level, driven either by positive data outcomes, further US interest rate cut surprises, or both. Old Mutual Group chief economist, Johann Els, however, said he saw the rand breaking into R16-mark to the dollar ...
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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Will the Rand remain below the R18 mark this week?
Will the Rand hit the R17 Mark?
Will the Rand break the R17/$ mark in South Africa?
Why is the Rand trading below R17?
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What happened to South Africa's Rand?
Andre Cilliers, currency strategist at TreasuryONE said earlier last week that the rand will remain below the R18 mark. “The rand is likely to remain within a R17.40 to R17.70 range in the short ...