“Dollar-Rand Pair Predicted to Plunge in Coming Months: CIBC Reveals Exciting Forecast!”
According to analysts at CIBC, the recent issues surrounding banks, combined with high ZAR nominal yields, have led investors to abandon their assets for the safety and liquidity of the USD. This has resulted in a capital flight, with speculative investors extending ZAR shorts to all-time extremes in the wake of a record weekly ZAR […]