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Emerging market storm ensnares rand

By Janice Roberts at New Media
13 August 2018 • 1 min read

Maarten Ackerman

By Maarten Ackerman, Chief Economist, Citadel.

Having experienced its largest one day fall in over a decade, the rand is trading at the weakest levels seen since 2008, briefly touching R15.55/$ overnight before levelling out at R14.55/$ this morning. (more…)


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