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Ryan Page and Tegan Bruyns

Jul72023
Opinion Technical Piece - An Alternative Fair Value Model for the Rand

Technical Piece – An Alternative Fair Value Model for the Rand

By Ryan Page and Tegan Bruyns

For a few years Dynasty has utilised a “currency decoder” model developed by Dr Lance Vogel (a member of our investment committee), which is based on metrics such as the level of the US dollar relative to its developed market peers; how emerging market currencies are priced relative to the dollar; and what difference in…

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