Archive for January, 2010
South African Rand Loses its Luster – 1800th Edition
In 2009, the South African Rand was the world’s second best performing currency, after only the Brazilian Real. Since September, however, it has stagnated, and over the next year, it is projected to fall 10%. What happened?!
The Rand represents an interesting case study because it sits at the nexus of several trends. The first is [...]
