A leading economist has painted a bleak picture for the local currency, the rand, against a surging US dollar. Cees Bruggemans, consultant economist at Bruggemans & Associates noted in a blog on his website that the rising dollar reached, on trade-weighted basis, a 20-yr low four years ago, but took three years to rise 6%,..
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South African Rand (ZAR) Is Heading For R22.50 Against The Dollar
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