The South African rand, often seen as a bellwether for the emerging market currencies, has soared to the highest point since ...
The USD/ZAR exchange rate has crashed in the past few months, moving from a high of 19.93 in April to the current 17.60. It has plunged to the lowest level since November last year. Here are the top ...
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The rand has depreciated 16% to the US dollar in the past 12 months. Starting 2022 at 15.92 to the USD, the rand has depreciated to a dismal rate of over 18. A lot of this comes down to investors ...