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Rand is set for more weakness in the near term
U.S. Dollar / South African Rand
Long
Rand is set for more weakness in the near term
By mutemwa01
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Mar 5, 2020
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Mar 5, 2020
Moody's downgrade imminent (March 27), R70bln of capital likely to exit fixed income market which will put significant pressure on the ZAR.
Beyond Technical Analysis
mutemwa01
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