# Rand to Remain in a Range in the Short-Term, Says Credit Suisse

> Credit Suisse expects USD/ZAR to trade between 12.00 and 13.00 in the short run and remains structurally bullish on the rand over the longer term. It identifies the US dollar as the main driver of the currency.

- Date: 2018-05-25 · published 2018-05-25T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/65297-rand-to-remain-in-a-range-in-the-short-term-says-credit-suisse
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

This is a currency forecast with no new supply or demand shock, so its effect on feed commodity prices is negligible.

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/zar/9147-rand-to-remain-in-a-range-in-the-short-term-says-credit-suisse

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