South African rand falls to its lowest in 2019

South African rand falls to its lowest in 2019

South African rand falls to its lowest in 2019


South Africa’s rand fell early on Thursday to its lowest this year.

This comes as a dispute within in the ruling African National Congress over the central bank weakened demand.

At 0800 GMT, the rand was 0.15% weaker at 14.8850 per dollar compared with an overnight close of 14.8600.

It tumbled to a session low of 14.9625, its weakest since October, before settling near 14.80.

The currency has been hurt by the ANC’s internal squabble over whether the central bank should do more to promote jo…
READ MORE : http://www.africanews.com/2019/06/06/south-african-rand-falls-to-its-lowest-in-2019

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3 Responses

  1. South Africa Don’t fall in line Like Venezuela…. Don’t go in the same road as Venezuela… Venezuela is life made hell,,,,… a country with no man’s land

  2. with the huge unemployment & low cost of living in south africa, the USD will do way more in SA than it does in the US, average american salary is $4709 usd, average SA salary is $1462 USD meaning Americans are 3x more wealthy in SA, if u look at the trend the USD has been trending up in SA since 2003 where it was at 6 rand now it’s worth 14 rand meaning it’s investment

  3. “All money (of ANY worth) has a source, and that source in THE SYSTEM OF WHITE SUPREMACY (RACISM) and that source people are the White Supremacists (Racists)”. So ANY person who wants money and that person is of colour (Black/African), you go to the White Supremacists (Racists) and ask for it. It is what we do when asking for jobs. – Neely Fuller Jr.

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