Bianca Botes is a Director at Citadel Global – South Africa’s foreign exchange specialists.
Botes began her career as a treasury consultant and later became Head of Treasury for Exchange Capital.
She now focuses on helping Citadel Global’s clients navigate the challenging forex market by building client-centric strategies that deliver optimal outcomes unique to each business.
In this episode of Business Talk, Botes explains how the rand ignores the common trends usually found in other emerging market currencies.
She then discusses recent trends specific to the rand and her predictions for the currency in the coming weeks and months.
Botes also talks about the effect of South Africa’s economy on the rand before outlining the best-case scenario for the currency.
She then discusses the foreign currencies that most excite her in 2022 and touches on the effect of the Russia-Ukraine conflict on Forex markets.
Botes concludes by talking about how Brent Crude prices affect the Forex markets.
Watch the full interview with Bianca Botes below.