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.
Nov 03 2016
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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