Rand crashes to another record lowBy Agency Staff25 May 2023 The rand plunged to a record low as another jumbo rate hike raised concerns about the outlook for economic growth.
Rand’s next stop could be R21/$ after record-breaking crashBy Agency Staff4 April 2020 The rand hasn’t hit rock bottom yet. Even after falling to its weakest level on record against the dollar this week, South Africa’s currency has a better chance of extending the decline in coming months.