The rand is on the verge of bucking a five-year losing trend. Instead of holding a trajectory that has seen it lose more than 50% of its value against the dollar since 2011, South Africa’s currency may be about to end a pattern of annual
Bitcoin was one of the few winners out of the UK’s vote to leave the European Union, surging by as much as 13% as the decision fuelled demand for alternative assets. The digital currency jumped by 11% to US$681,68 as of 1.45pm
