Independent on Saturday

Rand strength and investing money offshore

global markets

South African investors are increasingly diversifying their investment portfolios away from this country and into global markets.

This shift is driven by the desire to access a broader investment universe and to diversify away from the challenges of the struggling local economy.

Furthermore, investors can benefit from a depreciating rand, as weakness in the local currency will enhance their rand returns.

As part of this process, investors must externalise their rand for hard currency, typically the US dollar, and the rate at which this transaction occurs will ultimately impact their returns in rand – a stronger rand at

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