prajwalrao2013

Propose this to go still more down in the long term

FX_IDC:ZARMWK   SOUTH AFRICAN RAND / MALAWIAN KWACHA
With the chart analysis done issues with the ZAR will continue to push it's currency still more down putting heavy pressure on it's currency central bank to raise interest rates in coming days ahead with the repo market of ZAR willl be flooded with the currency, printing a lot of it to flood the market with the currency evidently making the currency weaker from the beginning itself.

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