RAND RUCTIONS

18th September 2015 By: Darlene Creamer

RAND RUCTIONS

There is no telling what the South African currency will be trading at by the time you see this cartoon. What is not in doubt, though, is that many South Africans are finding the rand’s decline against the dollar, the euro and the pound most disconcerting. Hopefully, exporters will tap into their new-found currency-led competitiveness. But some inflationary pain will surely also follow.