Zulu King Says Rand–Dollar Rate Was Better During Apartheid [SATIRE]
Fresh off comments last week that life was better under apartheid, Zulu King Goodwill Zwelithini has now reportedly told subjects he fondly remembered the time when he could afford US dollars. "During apartheid I remember buying dollars easily on the …
Read more on AllAfrica.com
South Africa: Rand Depreciation to Persist
This comes as Finance minister Patrick Chinamasa last week announced in his 2016 national budget statement that the South African rand lost over 13% of its value against the US dollar since January 2015, a development which has also seen Zimbabweans …
Read more on AllAfrica.com
Rand Drops to Record After South Africa Debt Rating, Outlook Cut
The rand declined as much as 1.3 percent to 14.5629 per dollar before paring some of its losses, weakening with most major and emerging-market currencies as the greenback rose on speculation a strengthening U.S. economy will boost the pace at which …
Read more on Bloomberg
Rand Paul Rips Federal Reserve, Says Shrinking Dollar Hurts Poor
Rand Paul criticized Bernie Sanders for his “free college” plan Wednesday, pointing out that the money had to come from somewhere and predicting it would be from either taxpayers or the Federal Reserve. Paul then pivoted to criticize the Fed's monetary …
Read more on The Pulse 2016 (blog)
Rand crashes through the R15/dollar level : Tumisang Ndlovu – Moneyweb
SIKI MGABADELI: Good evening and welcome to the SAfm Market Update with Moneyweb. My name is Siki Mgabadeli. The rand crashed through the R15/dollar level last night, you will remember, after President Jacob Zuma fired Finance Minister Nhlanhla …
Read more on Moneyweb.co.za
Backlit money
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Pula, Rands and US dollars, backlit
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