The document discusses the economic outlook for the South African rand (ZAR) in 2016, highlighting external and domestic risks. It predicts continued weakness in the ZAR due to factors such as China's economic slowdown, commodity price declines, and South Africa's structural economic issues. The document includes tables showing currency betas to the US dollar index and commodities, as well as betas to currency volatility indices and the CNH-CNY basis.
documents/vol00010-efta01459701-pdf.pdf
{"title":"FX Blueprint: Forever Young","key_people":["Deutsche Bank AG/London"],"document_date":"2016-01-12","document_type":"tabular","key_locations":["South Africa","China"],"key_organizations":["Deutsche Bank","Bloomberg Finance LP"],"reference_numbers":["DB-SDNY-0120331","SDNY_GM_00266515","EFTA01459701"]}