# The South African Rand: Year-end Recovery in Sight says Investec

> The rand strengthened as China's Ministry of Commerce said it wanted to resume talks with the US and would send a delegation to Washington. The comments lifted risk assets across emerging markets. Investec raised its USD/ZAR forecast and expects the rand to recover into year-end.

- Date: 2019-08-29 · published 2019-08-29T12:00:00.000Z
- Category: trade · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/57883-the-south-african-rand-year-end-recovery-in-sight-says-investec
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Hopes of easing US-China tensions reduce pressure on emerging-market currencies, which can lower dollar-based feed import costs in South Africa, though the trade outlook remains volatile.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/zar/11959-south-african-rand-forecasts-point-toward-year-end-recovery

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