USDZAR - Long Term Perspective +10 years

3 Nis 2020

We are in unchartered territory Crypto_Curry told me to think about the fundamentals. Trajectory remains for a weaker currency fundamentally, however all countries that have materially large, or at risk twin deficit,s have also felt the pain of a strengthening USD compounded by domestic situation and unknown economic impact of COVID. With no technical reference points at these levels the USDZAR could remain at these elevated levels for longer.