ZAR to retest R19 to the Dollar?
Elliott wave so far is playing out very well on the weekly and monthly. Fundamentally in a market that is abuzz with inflation talk, the rand is not known for being the go-to currency, add that to over 50 billion damage to the economy (a 10x increase from the 5 billion initially reported) and it is likely which direction ZAR will go consequentially.
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