Rand tailspin edges past a 14-year low - CNBC Africa

Rand tailspin edges past a 14-year low

Financial

by By Trust Matsilele 0

Rand falls to a 14-year low. PHOTO: Money101

The South African rand has continued to weaken against the greenback after U.S released May non-farm payrolls figures last Friday.

The South African currency edged past its 14-year low early Monday after recording a 13.33 rand to the dollar, the first record since December 2001. 


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