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Perspective on the SA Rand
October 24, 2008Within a month the rand has slumped from 8 rand to the dollar to above the 11 rand to the dollar mark – it has been flirting with the 12 rand to the dollar mark by dropping to 11.80 to the dollar etc. American policies to save the economy have strengthened the dollar significantly – weakening other global currencies against it.
Brigid Taylor – Currency Specialist from Rand Merchant Bank has more
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