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

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   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.exchangerates.org.uk › currency-forecasts › usUS Dollar to Rand Forecast: 18.111 in Three Months

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   3 days ago · Then in one year and three months the expected rate is 1.25% lower at 17.4359 (Q4 2025). Exchange Rate Forecasts. Timeframe Average Min Max Sentiment Range; ... US Dollar to Rand 2024 Outlook ...

3. businesstech.co.za › news › financeR16 or R20 to the dollar by the end of the year – the best ...

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   Oct 10, 2024 · In reality, though, the most likely outcome for South Africa is the base case (50% probability), which sees the rand reaching R17.20 in Q4 2024 and R16.50 by the end of 2025.

4. dailyinvestor.com › finance › 63730Where the rand is going for the rest of 2024 – Daily Investor

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   Sep 19, 2024 · Finance. Where the rand is going for the rest of 2024. Shaun Jacobs • 19 September 2024. The rand is expected to perform well for the remainder of the year, with estimates for the end of the year ranging from R17.80 to R18.30 to the US dollar. This is feedback from currency expert and director at Citadel Global Bianca Botes, who outlined in a ...

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

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   Apr 23, 2024 · Below is an overview of Investec’s forecasts for the rand/dollar exchange rate in 2024. Forecast: Probability: Q1 2024: Q2 2024: Q3 2024: Q4 2023: Average: Severe down case: 9%: 18.87: 20.50: 21.20:

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

   dailyinvestor.com › business › 49833

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   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:

7. People also ask

   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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   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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   Is the Rand a good currency to buy in 2024?

   • “The rand remains one of only five emerging market (EM) currencies out of a total of 23 that has been trading stronger against the dollar in the year to date,” Botes said. Citadel’s relatively strong rand-to-dollar exchange rate range forecasts for the end of 2024 depend on certain variables and assumptions.

   Where the rand is going for the rest of 2024 – Daily Investor

   dailyinvestor.com/finance/63730/where-the-rand-is-going-for-the-rest-of-2024/

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   Will the Rand weaken in 2024?

   • In the banking group’s outlook scenarios, the rand has a low probability of weakening to R21.40 to the US dollar in 2024 and even further to R21.90 by the end of next year in a worst-case scenario (which it calls the severe down case). The rand has already been under pressure over the past week due to several factors weighing it down.

   The rand could hit R21.40 to the dollar in 2024, warns Investec

   businesstech.co.za/news/trending/768994/the-rand-could-hit-r21-40-to-the-dollar-in-2024-warns-investec/

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   Will South Africa's Rand hit US dollar in 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:

   Warning that rand could hit R21.40 to the US dollar in 2024

   dailyinvestor.com/business/49833/warning-that-rand-could-hit-r21-40-to-the-us-dollar-in-2024/

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   What are Investec's forecasts for the Rand/Dollar exchange rate in 2024?

   • Below is an overview of Investec’s forecasts for the rand/dollar exchange rate in 2024. Investec predicts the rand could average well over R20/USD in 2024 if the worst-case scenario takes place.

   Warning that rand could hit R21.40 to the US dollar in 2024

   dailyinvestor.com/business/49833/warning-that-rand-could-hit-r21-40-to-the-us-dollar-in-2024/

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

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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.