Currency Forecasts
Algeria
Our near-term outlook for the Algerian dinar is neutral. The currency has been in a multi-quarter downtrend against the US dollar, and the unit traded at DZD74.33/US$ on December 16....
2011-12-16Syria
Our near-term outlook for the Syrian pound is bearish. After trading in a tight sideways band for over five months in the SYP47.40/US$ range, the currency has since sold off and was...
2011-11-18Uganda
We expect range trading over the near term for the Ugandan shilling, as a series of fundamentally supportive factors bolster the currency's recent sharp gains, while further appreciation...
2011-11-08Ghana
Although the Ghanaian cedi has tentatively staged a comeback following the sharp sell-off witnessed in October, we are not convinced that the currency will hold its ground. Rather,...
2011-11-02Egypt
The Egyptian pound looks set to continue trading in a tight sideways band against the US dollar in the near term. Having initially weakened from EGP5.8030/US$ in January to EGP5.9500/US$...
2011-11-01Iran
Our near-term outlook for the Iranian rial is neutral. The currency recovered from a short-term sell-off in September to trade at IRR10,631/US$ on October 9, and we foresee sideways...
2011-10-11Zambia
We expect that the Zambian kwacha will remain at about its present level (ZMK4,920.00/US$ at the time of writing), as the currency is supported by a strong balance of payments position...
2011-09-09Israel
Our near-term outlook for the Israeli shekel is bearish. We expect the unit, which was testing support at ILS3.6300/US$, to depreciate against the greenback in the near term, and have...
2011-09-05
