Forgotten force crushing the rand

  • Thread starter Thread starter Bianke Neethling
  • Start date Start date
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Bianke Neethling

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Forgotten force crushing the rand

While global events are the main driver of the rand's short-term volatility, its long-term decline is primarily caused by South Africa's internal issues, such as slow economic growth and a low credit rating.
 
Nobody is blaming global events, everyone else is doing just fine despite it. There's three letters that are to blame...
 
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