EUR/ZAR is going up to R22.00 and I hate to tell you this! Here's an analysis I really don't want to do.
The EUR/ZAR is showing strong upside to come. Great for the EURO, great for Europe, Great for South African exports.
Not great for the South AFrican consumer who was planning on sailing to Mykonos this year.
Anyways, here are some reasons for the E