EPISODE · Oct 2, 2024 · 2 MIN
R15/$ would have it's own problems
from Die ekonomie minuut · host Waldo Krugell
The rand has traded significantly stronger against the US dollar over the past month. This is due to falling interest rates in the US, Chinese stimulus, and positivity about South Africa's economic prospects. A stronger rand helps keep the cost of imported products, especially fuel, lower, which in turn helps reduce inflation. However, a stronger rand also presents challenges. This episode is supported by the NWU Business School.
What this episode covers
The rand has traded significantly stronger against the US dollar over the past month. This is due to falling interest rates in the US, Chinese stimulus, and positivity about South Africa's economic prospects. A stronger rand helps keep the cost of imported products, especially fuel, lower, which in turn helps reduce inflation. However, a stronger rand also presents challenges. This episode is supported by the NWU Business School.
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R15/$ would have it's own problems
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