EPISODE · Mar 19, 2024 · 1 MIN
Exchange rate speculation
from Die ekonomie minuut · host Waldo Krugell
Forecasting the rand-dollar exchange rate is something economists do so that weather forecasters can feel better about their jobs. In the past week, the rand traded slightly stronger against the dollar, although the dollar itself was stronger against other currencies. Many people wonder if there is a conspiracy somewhere. The better measure is to look at the speculative positions in futures contracts. This episode is supported by the NWU Business School.
What this episode covers
Forecasting the rand-dollar exchange rate is something economists do so that weather forecasters can feel better about their jobs. In the past week, the rand traded slightly stronger against the dollar, although the dollar itself was stronger against other currencies. Many people wonder if there is a conspiracy somewhere. The better measure is to look at the speculative positions in futures contracts. This episode is supported by the NWU Business School.
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Exchange rate speculation
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