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    ZAR – the lost currency

    • South Africa
    • Coronavirus, COVID-19, Currency, Economy, Lost decade, Ramaphosa, Rand, South Africa, Zuma
    • April 5, 2020

    The poor old ZAR has had a rough time of it in the past decade. Everyone watched with horror this month as the Rand took another nosedive, breaching never-before-seen levels. At one point in intraday trading, R19/US$ became a reality. The Rand managed to pull back below R19 , but the reality is that the seal has been broken. the_ad …

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