Outlook for the rand has darkened, Investec says
SA’s largest asset manager now expects the rand to average R14.15/$ in the fourth quarter, after previously expecting R13.90
27 August 2019 - 14:59
The US-China trade war and political uncertainty in SA are weighing on the rand.
Investec, one of the country’s largest banks, has revised its fourth-quarter forecast downwards, and now expects the currency to average R14.15/$ in the fourth quarter versus the R13.90 it forecast previously...
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