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Category rand depreciation

MainNewsrand depreciation
South African Rand Plunges to New Low After Benchmark Interest Rate Is Raised to 14-Year High

South African Rand Plunges to New Low After Benchmark Interest Rate Is Raised to 14-Year High

The South African fiat currency’s exchange rate versus the U.S. dollar plunged to a new all-time low of 19.7640 per dollar on May 25 just moments a...
South African Rand Plunges to New 2023 Low Versus the US Dollar

South African Rand Plunges to New 2023 Low Versus the US Dollar

Just a few weeks after tapping its best exchange rate versus the greenback in 2023, the South African rand fell to a new 2023 low of 18.636 local c...