• 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 …