n Personal Finance Newsletter - Rand rollercoaster : currencies
|Article Title||Rand rollercoaster : currencies|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||Mar 2011|
|Pages||7 - 8|
The rand is, generally speaking, the least predictable and most volatile aspect of the South African economic universe. It's very hard to anticipate the rand's movements, and the currency can move substantially in a very short time, making it very hard to manage currency risk.
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