The rand has been buoyed by tighter monetary policy in Turkey, Russia and Argentina. Our local inflation data assisted in the strength even though the Reserve banks held rates on Thursday. The Rand has gained over R1.30 against the Euro, USD and GBP in the past three weeks. 


Investors tend to panic and run for the exit all at once, at the expense of externalising funds at the worst rate compared to investors who take a tactile and measured approach. 


Investors looking to increase their offshore exposure should do so while the Rand is getting stronger. Rand strength is coming against resistance from a technical perspective, but we could see a short-lived move stronger over the coming weeks.  


As election campaigning gains traction, expect political parties to ‘Up the Ante’ with calls to nationalise more, expropriate more and redistribute more. This will cause gradual weakness to previous levels. 

The week ahead: 


Other Economic data releases of interest… 



Short Term Ideas 


Long Term Ideas