Posts under South African Economy

Plummeting South African Rand – is there a silver lining?

On June 3, 2013 / Plummeting South African Rand – is there a silver lining? / Leave a comment

The last time the South African Rand broke the “psychological barrier” of 10 Dollars to the Rand was four years ago. With Zuma’s speech yesterday about the current striking action, the president did not manage to establish confidence amongst South Africans and international investors.   Looking at other major currencies like the Euro, the exchange...

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