The rand is undervalued right now – here’s where it is heading for the rest of the year: Nedbank - BusinessTech

5/30/2022 12:00:00 AM2 years 11 months ago
by https://www.facebook.com/BusinessTechSA
by https://www.facebook.com/BusinessTechSA
Global financial conditions are likely to become less supportive of the rand despite data showing the local currency is already undervalued, say economists at Nedbank.
Global financial conditions are likely to become less supportive of the rand despite data showing the local currency is already undervalued, say economists at Nedbank. In a research note published o… [+3979 chars]
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