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Get as much money offshore as you can, now, to diversify: currency strategist Andre Cilliers, TreasuryONE

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The rand is strong - and quite possibly as strong as it is likely to be for some time - which makes it a great time to diversify investments outside South Africa. Andre Cilliers, currency strategist at TreasuryONE, says you may be disappointed if you wait for further rand strength. Even if you took funds offshore at R16 and R17 to the US dollar, keep moving money outside South Africa so that you lower the average cost. He was speaking to Jackie Cameron, in this week's episode of the BizNews Currency Focus.
* This podcast is proudly brought to you by TreasuryONE, South Africa's leading treasury solutions company that unlocks financial value for your business. Learn more about your ad choices. Visit megaphone.fm/adchoices

7 Jun 2021 9AM English South Africa Investing · Business News

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