How expensive would it be to stablize the SARF?

Answer 1

Stabilizing the South African Rand (ZAR) would require significant financial resources, potentially amounting to billions of dollars, depending on the underlying economic conditions and market sentiment. Central bank interventions, such as currency purchases or interest rate adjustments, could be costly and may need continuous funding to maintain stability. Additionally, broader economic reforms may be necessary to address structural issues, further increasing costs. The exact figure would depend on various factors, including global economic trends and domestic fiscal policies.