if you are interested in it , Get free samples :sales@edabearings.com

As long as the Sino US trade dispute does not affect global trade flows, the South African Rand is expected to hold most of this year's rise against the dollar, and the improvement in its domestic economic growth will support Rand.
Reuters' survey of 30 analysts on 3-5 April showed that Rand was basically resilient to the dollar, reaching 11.93 lent by the end of 9, 12 months later or slightly down to 12.13.
Rand opened the dollar at 12.40 Rand this year.
"We made such an estimate of Rand, taking into account the strong domestic fundamentals, especially the differences in interest rates and economic growth," said Mike Keenan, an analyst at Absa Capital. This should help Rand maintain the rally so far this year.
But he said that the development of tension between China and the US on trade issues is uncertain.
The growth rate of South Africa at the end of the year is more than expected, and the growth rate is expected to increase from 1.3% in 2017 to 1.6% this year.
The Central Bank of South Africa last month cut interest rates by 25 basis points to 6.50%, but it is likely to remain unchanged until the end of next year.
"This factor, coupled with the strong inflow of stock market and the improvement of domestic economic prospects, support our constructive view of Rand's exchange rate," Keenan added.

---

PREVIOUS:Australian dollar and New Zealand dollar remain resilient despite facing trade w        NEXT:China's proposal to refrain from the commercial dispute over the Brazilian sugar