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Published 12 days ago

Loaded for Bear: The rand is set for a turbulent elections ride

Summary by Daily Maverick

The rand/dollar exchange rate is influenced by a range of factors. But for the next few weeks, South Africa’s general elections on 29 May and the result that follows will be the main driver of the currency. It’s bound to be a turbulent ride and the economic stakes are sky high. The post Loaded for Bear: Rand set for turbulent ride until elections — and their aftermath appeared first on Daily Maverick.

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Loaded for Bear: The rand is set for a turbulent elections ride

The rand/dollar exchange rate is influenced by a range of factors. But for the next few weeks, South Africa’s general elections on 29 May and the result that follows will be the main driver of the currency. It’s bound to be a turbulent ride and the economic stakes are sky high. The post Loaded for Bear: Rand set for turbulent ride until elections — and their aftermath appeared first on Daily Maverick.

12 days ago·South Africa

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