# Rand hitting R30/$ a very real possibility, warns economist

> Economist Dawie Roodt warned the rand could reach R25 to R30 per dollar within two to three years if the private sector stops funding South Africa's fiscal deficit. He also cited possible rises in long-term rates and inflation above 10%.

- Date: 2023-11-01 · published 2023-11-01T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/33920-rand-hitting-r30-a-very-real-possibility-warns-economist
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A sharply weaker rand would make dollar-priced feed imports far more expensive for South African buyers, but this is a speculative long-range scenario rather than a current driver.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- businesstech.co.za: https://businesstech.co.za/news/finance/723054/rand-hitting-r30-a-very-real-possibility-warns-economist/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.