The South African rand will be resilient and resilient in the coming year, but t

                                                                                    INQUIRY

      Foreign exchange strategists expect South Africa's Rand to move steadily and resiliently in the coming year in the face of global uncertainty and challenges to its domestic budget and economic growth, Reuters polls showed on Thursday.
Moody's will assess South Africa's sovereign debt rating next week, South Africa will conduct a mid-term budget review by the end of this month, and the country's economy is struggling to emerge from recession, which are short-term obstacles facing South Africa.
Sponsor
The latest Reuters poll this week showed that Rand is expected to stabilize within 12 months against the dollar, rising about 1% to 14.25 from the current 14.40 rand.
Previously, Rand was hit hard by the Turkish and Argentine problems in emerging markets, depreciating about 10% in August alone.
"We expect Rand's excessive volatility to subside further, but in the short term it may still be undervalued, reflecting lingering uncertainty and risk," said Elna Moolman, an economist at Standard Bank in South Africa.


INQUIRY sales@hellerbearings.com
  • Details： The South African rand will be resilient and resilient in the coming year, but t

  • Like Model No.:

  • We cooperate with UPS,TNT,FEDEX,EMS,DHL,etc.They guarantee to meet your needs in terms of time and money,even if you need your The South African rand will be resilient and resilient in the coming year, but t bearing tomorrow morning (aka overnight or next day air) on your desk, 2, 3 days or more.Note to international customers, YES, we ship worldwide. INQUIRY -->

    Hot Model No.: