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Why the rand is weakening

702 logo702 2017-10-09 Kabous Le Roux

© Provided by KFM Radio a Division of Primedia Pty Ltd The rand is weakening…

… or is it merely the dollar that is strengthening?

The rand was trading at R13.80 to the dollar at 6:06pm on Monday.

The Money Show’s Bruce Whitfield interviewed Rand Merchant Bank (RMB) Currency Strategist John Cairns.

RMB forecasts the rand at R13 to the dollar by the end of the year.

Also read: 'A R1.6 billion ticking time bomb'

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