Rand tailspin edges past a 14-year low

by By Trust Matsilele 13 views0

Is the S.African rand in a tailspin?

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.