Rand declines are over - New York based Informa Global Markets

We expect the rand at 13 to the dollar by the end of next year.

John Cairns, Currency Strategist at Rand Merchant Bank

The rand has been the most volatile currency in the world this year. There’s no reason to expect it to stop.

John Cairns, Currency Strategist at Rand Merchant Bank

Five years of rand weakness is about to end, according to New York based Informa Global Markets.

It says that the most successful rand forecasters support its view that the rand will keep on benefitting from a worldwide clamour for yield.

The Money Show’s Bruce Whitfield interviewed John Cairns, Currency Strategist at Rand Merchant Bank.

Scroll down for more quotes from the audio below.

The trend has been broken.

John Cairns, Currency Strategist at Rand Merchant Bank

We don’t think we’ll get downgraded this year.

John Cairns, Currency Strategist at Rand Merchant Bank

The rand was just heavily undervalued.

John Cairns, Currency Strategist at Rand Merchant Bank

The Fed is the big thing. Markets think they will hike.

John Cairns, Currency Strategist at Rand Merchant Bank

A Trump victory will be negative for the rand, because there’ll be uncertainty about his policies.

John Cairns, Currency Strategist at Rand Merchant Bank

Up to today the AB Inbev/SAB Miller deal was a massive rand positive. From tomorrow it will be a slight rand negative.

John Cairns, Currency Strategist at Rand Merchant Bank

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

Read More
Real house prices are falling (and the declines are gathering pace)

Real house prices are falling (and the declines are gathering pace)

November was the seventh consecutive month of slowing price growth. And there is no end in sight, according to FNB.

How to raise funding (at each stage of your business’ growth)

How to raise funding (at each stage of your business’ growth)

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis.

How to best invest a lump sum

How to best invest a lump sum

Got some money in the bank, earning peanuts in interest? Here’s how to make it work harder for you in the most tax efficient way…

Judge Dennis Davis on why Pravin Gordhan ordered him to probe Sars

Judge Dennis Davis on why Pravin Gordhan ordered him to probe Sars

Gordhan doesn’t trust Sars' information “because of a lack of accountability and cooperation from the Sars top management”.

The story of Wellness Warehouse (and how it won the niche health market)

The story of Wellness Warehouse (and how it won the niche health market)

The Money Show’s Bruce Whitfield interviews Wellness Warehouse cofounder Dr Sean Gomes.

Mineral and Petroleum Resources Development Amendment Bill 101

Mineral and Petroleum Resources Development Amendment Bill 101

Oil and gas could revolutionise the South African economy. 5 important things to know about the MPRD Amendment Bill.