Loading…
News24 reviews the events that shaped the rand in 2018, including Zuma's ousting, the budget, and cabinet changes. The rand had traded as strong as about R11.90 per dollar earlier in the year and was near R14.30 at the time of writing.
Political and fiscal shocks drive rand swings that change the local currency cost of imported feed inputs.
news24.comLameez Omarjee, Fin24Dec 30, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
