Rand plunges after US says South Africa supplied arms to Russia

[Jan]

Rand craters after US accuses South Africa of supplying arms to Russia for war in Ukraine

South Africa's rand tumbled the most among the world’s major currencies as the nation walked into a geopolitical tight corner just as everything from a domestic energy crisis to global monetary tightening is battering the currency.

The rand, often seen as a bellwether for emerging-market risk, dropped as much as 2.4% to 19.3413, coming within a whisker of its record low of 19.3508 hit in 2020.

[Bloomberg]

 

[Pythonista]

That's ridiculous - we can't even supply arms to ourselves anymore

 

[Dolby]

A few generations back, so many people flocked to this gem in Africa ... now their grandkids want to get out as fast as they can

 

[sand_man]

So that’s where all those confiscated eff tires ended up?!

 

[now05ster]

So many great decisions from the ANC, all leading to more greatness.

Viva.

 

[Jer1cho]

A box of AK ammo, a bunch of duck taped guns, and 3000 boxes of race cards.

 

[Quicks]

Fcken ANC!

 

[_TrXtR_]

This is an easy one. Russia will shoot at us. US will make us sign green deals to stiffle our progress.

So obviously we supplying Russia with arms
.. whatever they need is fine

 

[My_King]

USA can go f themselves with their bully tactics

 

[lordnokon]

Play stupid games, win stupid prizes... Well done ANC...

 

[BBSA]

If you mix with bran, then the pigs will eat you....

 

[Cranjus McBasketball]

Well would you look at the time. It's almost sanctions o' clock.

 

[JustAsk]

Reads like a propaganda piece...one sure way to telll, is when the jerkers come out to play

 

[lordnokon]

The big question is, can we require from this...???

 

[Jam Sandwich]

Well would you look at the time. It's almost sanctions o' clock.

Lol.. Just like the good old days....

 

[Cranjus McBasketball]

USA can go f themselves with their bully tactics

Except we're the ones who are going to get f#cked.

 

[Cranjus McBasketball]

Lol.. Just like the good old days....

Lol yup. I remember those days.

 

[My_King]

Except we're the ones who are going to get f#cked.

Maybe Brics should start handing out sanctions.

Maybe China is just waiting its turn.

 

[2525252525]

Well would you look at the time. It's almost sanctions o' clock.

That'll never happen to the ANC, Western leftists put them in power with unanimous cheer. You can't sanction Nelson Mandela's party, unthinkable.

 

[ghostRgg]

Hey USA, we found some oil in the Western Cape.

Edit: Are our elections going to be USA vs Russia? Based on all the vote manipulation drama.