Archive for February 2nd, 2010
South African Rand Loses its Luster – 1810th Edition
In 2009, the South African Rand was the world’s second best performing currency, after only westernunion ohio 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. [...]
