Page 7 - கட்டுப்பாடு ஒழுங்குமுறைகள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A stronger rand presents opportunities for offshore investors   By Aidan Freswick   A rather pleasant surprise to see the rand touch on its best levels since pre-lockdown circumstances and even further back as 6 years ago. Offshore investors are considering moving more money to other countries for investment purposes or private emigration. If some commentators are to be believed, they can take their time as the commodity cycle remains positive and strong and foreign buying of SA bonds continues, which will support the rand in the short to medium term. Aidan Freswick The question ask yourself is, “what is a good exchange rate”? A year ago, one would believe that any value below R18/$ would be a good rate to buy USD. Offshore investing is about much more than the exchange rate and the chance to buy more foreign currency at a more favourable price. However, offshore investing is about seeking superior returns and opportunities compared to what the local market has to offer. A

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