Kevin Lings

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Last quote by Kevin Lings

The combination of the deteriorating political and economic backdrop and the risk of a credit rating downgrade has had quite a big effect on keeping the rand as weak as it is. If you were to remove those elements convincingly, we would argue you would get a significant rally, and it's not impossible that it might go back to fair value.feedback
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Nov 03 2016 South Africa
Kevin Lings has most recently been quoted in an article called Jacob Zuma, South Africa's $50 billion burden?. Kevin Lings said, “The combination of the deteriorating political and economic backdrop and the risk of a credit rating downgrade has had quite a big effect on keeping the rand as weak as it is. If you were to remove those elements convincingly, we would argue you would get a significant rally, and it's not impossible that it might go back to fair value.”.
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