Rand declines are over - New York based Informa Global Markets

We expect the rand at 13 to the dollar by the end of next year.

John Cairns, Currency Strategist at Rand Merchant Bank

The rand has been the most volatile currency in the world this year. There’s no reason to expect it to stop.

John Cairns, Currency Strategist at Rand Merchant Bank

Five years of rand weakness is about to end, according to New York based Informa Global Markets.

It says that the most successful rand forecasters support its view that the rand will keep on benefitting from a worldwide clamour for yield.

The Money Show’s Bruce Whitfield interviewed John Cairns, Currency Strategist at Rand Merchant Bank.

Scroll down for more quotes from the audio below.

The trend has been broken.

John Cairns, Currency Strategist at Rand Merchant Bank

We don’t think we’ll get downgraded this year.

John Cairns, Currency Strategist at Rand Merchant Bank

The rand was just heavily undervalued.

John Cairns, Currency Strategist at Rand Merchant Bank

The Fed is the big thing. Markets think they will hike.

John Cairns, Currency Strategist at Rand Merchant Bank

A Trump victory will be negative for the rand, because there’ll be uncertainty about his policies.

John Cairns, Currency Strategist at Rand Merchant Bank

Up to today the AB Inbev/SAB Miller deal was a massive rand positive. From tomorrow it will be a slight rand negative.

John Cairns, Currency Strategist at Rand Merchant Bank

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

Read More
The SABC is broke (and in danger of collapse)

The SABC is broke (and in danger of collapse)

The Money Show’s Bruce Whitfield interviews Media Monitoring Africa Head of Policy Thandi Smith.

Famine fuels re-emergence of Somali pirates (Robin Hoods?) after 4 silent years

Famine fuels re-emergence of Somali pirates (Robin Hoods?) after 4 silent years

Somali pirates are back, attacking commercial ships once more, says African Business News correspondent Leslie "Lee" Kasumba.

How to find a great property rental deal (or great tenant)

How to find a great property rental deal (or great tenant)

Renting? Letting? Bruce Whitfield checks out an amazing new platform that connects tenants with property managers.

Why everyone is going gaga over two old men on a stage (talking for seven hours)

Why everyone is going gaga over two old men on a stage (talking for seven hours)

It's almost time for "Woodstock for Capitalists"! Standard Bank Wealth Head of Innovation and Solutions Chris de Klerk explains...

David Lewis from Corruption Watch shares his money hopes (and fears)

David Lewis from Corruption Watch shares his money hopes (and fears)

Every week The Money Show’s Bruce Whitfield interviews a famous person about her or his attitude to money (hopes and fears, successes and failures, etc.)

No time to get up to speed? New business ideas distilled into a practical guide

No time to get up to speed? New business ideas distilled into a practical guide

Ian Mann discusses his new book “The Executive Update: The latest business ideas distilled into one practical guide”.

Popular articles
3 hottest JSE stock picks of the week (by Cannon Asset Managers)

3 hottest JSE stock picks of the week (by Cannon Asset Managers)

These three shares are the best investments on the JSE right now, says Cannon Asset Managers Portfolio Manager Samantha Steyn.

No jobs for medical interns as health dept funds dry up - Sama

No jobs for medical interns as health dept funds dry up - Sama

Mark Sonderup, South Africa Medical Association, vice-chairperson says the medical profession is in trouble.

Wa Afrika given 24-hour security after exposing Eskom

Wa Afrika given 24-hour security after exposing Eskom

Times Media Group has provided 24-hour security to Wa Afrika after a confession from the man hired to kill him.

Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

ANC branch in the Eastern Cape, Z.R Mahabana, has launched a campaign backing Lindiwe Sisuslu as an ANC presidential candidate.

Gigaba said he failed to assure Moody's about SA economic policy- senior journo

Gigaba said he failed to assure Moody's about SA economic policy- senior journo

The Finance Minister admitted that he faced difficult questions from investors during his visit to the US, says Simon Marks.

[Watch] All the Foreshore Freeway Project proposals

[Watch] All the Foreshore Freeway Project proposals

Take a look at the 6 six proposals that have been received by the City for the Foreshore freeway precinct.