Andre Cilliers, the new Rand Bull, eyes R14.50: Ukraine, Powell, commodities open rare window of opportunity for SA currency

TreasuryONE's Currency Risk Strategist Andre Cilliers has been involved in the foreign exchange markets for almost four decades. During that time he could probably count on one hand the number of times he has been optimistic on South Africa's ever weakening currency. But a confluence of factors are providing a powerful stimulant - with Cilliers having transformed (at least temporarily) into a Rand Bull. He reckons a further surge to R14.50 against the US Dollar may be on the cards. Learn more about your ad choices. Visit megaphone.fm/adchoices