Weekly USDZAR Prediction: South African Rand Comeback, Yet Economic Issues Loom
Despite a brief recovery, the Rand is still headed for long-term declines as local and international pressures keep weakening SA...
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Last updated: Wednesday, June 4, 2025
Quick overview
- The South African Rand has shown temporary resilience but remains on a long-term downward trajectory due to ongoing global and domestic challenges.
- Recent fluctuations in the USD/ZAR currency pair were influenced by delayed trade penalties and renewed interest in emerging market currencies.
- Despite short-term gains, the Rand faces structural economic issues, low growth projections, and rising inflation that may hinder its recovery.
- The outlook suggests that the USD/ZAR pair could resume its upward trend towards the 20.00 mark once the current pullback stabilizes.
Despite a brief rebound, Rand remains on a long-term downward path as global and domestic headwinds continue to weigh on South Africa’s currency.
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Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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