mutemwa01

USDZAR - Long Term Perspective +10 years

FX:USDZAR   Dólar estadounidense/Rand sudafricano
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.

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