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Donald Trump still hammering South African rand

14 November 2016 8:16 PM
The rand extended huge losses it suffered last week on fears that Trump will pursue policies that could cause capital outflows.

This is a reaction, quite clearly, to Trump’s victory.

George Glynos, ETM Analytics

This doesn’t change too much just yet... We need to let the real Donald Trump stand up.

George Glynos, ETM Analytics

A strong US economy is in South Africa’s interest. It will be supportive of stronger commodity prices.

George Glynos, ETM Analytics

The rand was weaker against major currencies on Monday, extending huge losses it suffered last week on fears that Donald Trump will pursue policies that could cause capital outflows from developing economies.

Ray White (in for The Money Show’s Bruce Whitfield) interviewed George Glynos, Economist and MD at ETM Analytics.

Listen to the audio below for the discussion on the implications of a Trump presidency on the rand.

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Article brought to us by Old Mutual.


This article first appeared on CapeTalk : Donald Trump still hammering South African rand


14 November 2016 8:16 PM