Rand battering continues into Monday

[BusinessTech]

Rand battering continues into Monday

The rand continued to get battered in trade on Monday (13 June), losing further ground to the major currencies following a sell-off on Friday, as investors rushed to buy 'safe haven' dollars amid data that showed US inflation accelerated in May.

 

[PseuDohNom]

But I just read a sponsored article yesterday that told me to buy a house in the UK because the rand was so strong.

Funny that.

 

[Speedster]

But I just read a sponsored article yesterday that told me to buy a house in the UK because the rand was so strong.

Funny that.

Probably written before Friday. No?

 

[PseuDohNom]

Probably written before Friday. No?

So should I sell the house again?

 

[OhYeah84]

...incoming fuel price increase...