The Rand will retrace to 12.25 to 12.35 then bounce off the 61.8% level.
The South African local political situation also offers lots of scope for volatility as well as a long term depreciating currency.
The South African local political situation also offers lots of scope for volatility as well as a long term depreciating currency.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.