This is the future: Cees Bruggemans looks ahead to 2018 and $1 = R22.50

  August 4, 2015

 ZAR currency7:$ in 2010 to 12.50:$ today (that’s nearly 80% in less than four years), these numbers aren’t particular intimidating, given what we know of a Dollar on steroids. Previous cycles saw outsized Dollar rises. This one will be no different, only more gradual, is the betting, given the global fundamentals and central banks behaving. Or Are we looking at another 80% down by mid-2018 (Rand 22.50:$)?

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