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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 ... - https://news.bitcoin.com/south-african-rand-plunges-to-new-low-after-benchmark-interest-rate-is-raised-to-14-year-high/ #africangrowthandopportunityact(agoa) #southafricanreservebank(sarb) #randdepreciation #benchmarkrate #economics #ratehike
Bitcoin NewsSouth African Rand Plunges to New Low After Benchmark Interest Rate Is Raised to 14-Year High – Economics Bitcoin NewsThe rand’s latest plunge came some two weeks after the currency fell to what was then the new all-time low of 19.51 units per dollar.