Greenback v.s Rand
After technical analysis and research my findings are that the ZAR has to gain strength.
Due to the Russian war which has an Impact on the UK/London zone(GAS SUPPLY SHORTAGE/ )THE EURO currency dropped to its lowest in history.
This will inevitably have an huge influence on the South African economy.
However petrol and food prices are set to decrease for this coming month.
Eskom rolling blackouts. Will also cause the economy to shrink. BAD FOR THE RAND
More energy efficient implementations are needed in order to curve the need of traditional energy supply.
Due to the Russian war which has an Impact on the UK/London zone(GAS SUPPLY SHORTAGE/ )THE EURO currency dropped to its lowest in history.
This will inevitably have an huge influence on the South African economy.
However petrol and food prices are set to decrease for this coming month.
Eskom rolling blackouts. Will also cause the economy to shrink. BAD FOR THE RAND
More energy efficient implementations are needed in order to curve the need of traditional energy supply.
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