South Africa Still Shines Among Emerging Markets [View article]
Completely agree. Currency risk is very high as forex reserves are low. If the Commodities bear keeps going the devaluation risk for South Africa is a very possible scenario.
On Apr 23 01:10 PM Charlie Bottle wrote:
> Large current account deficits. Low on forex reserves. Currency > is very risky. Miners which have US$ based prices are a good bet > but companies focusing on the domestic market are not.
South Africa Still Shines Among Emerging Markets [View article]
On Apr 23 01:10 PM Charlie Bottle wrote:
> Large current account deficits. Low on forex reserves. Currency
> is very risky. Miners which have US$ based prices are a good bet
> but companies focusing on the domestic market are not.