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R15/$ would have it's own problems
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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By Waldo KrugellThe 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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