# JPMorgan, Nomura in opposite corners on rand 2019 prospects - Moneyweb

> Analysts' forecasts for the rand in 2019 range widely, with Nomura seeing 12.75 per dollar and JPMorgan 16.50, and a median near 13.95. Implied volatility on the rand remains about 200 basis points above its five-year average.

- Date: 2018-12-26 · published 2018-12-26T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/61833-jpmorgan-nomura-in-opposite-corners-on-rand-2019-prospects-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Expected rand volatility and a possible credit downgrade could push South African import costs for feed ingredients sharply higher or lower in 2019.

## Read by commodity

- USDZAR: neutral

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/markets/jpmorgan-nomura-in-opposite-corners-on-rand-2019-prospects/

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