PULSE – Can the Rand reach R14/$ by 2026?

July 20, 2023

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Create Date July 20, 2023
Last Updated July 20, 2023

PULSE - Can the Rand reach R14/$ by 2026?

This suggests that the currency will appreciate by over 20 percent, from an average of around R18/$ in 2023 to R14/$ by 2026. The prediction is that the currency will strengthen to an average of R16/$ in 2024, R15/$ in 2025 and R14/$ by 2026. What would this mean for the South African economy. A stronger currency has both advantages and disadvantages but is also rather complex in its economic influence.....