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Category rand depreciation

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South African Rand Plunges to New Low After Benchmark Interest Rate Is Raised to 14-Year High

South African Rand Plunges to New Low After Benchmark Interest Rate Is Raised to 14-Year High

The South African fiat currency’s exchange rate versus the U.S. dollar plunged to a new all-time low of 19.7640 per dollar on May 25 just moments a...
May, 29, 2023
2 min read
by Bitcoin News
South African Rand Plunges to New 2023 Low Versus the US Dollar

South African Rand Plunges to New 2023 Low Versus the US Dollar

Just a few weeks after tapping its best exchange rate versus the greenback in 2023, the South African rand fell to a new 2023 low of 18.636 local c...
Mar, 12, 2023
2 min read
by Bitcoin News