The South African rand falls to R17 to the US Dollar
By Zuko Komisa On Monday, the rand fell to R17 to the US dollar, losing about 0.5 per cent by 13h00 SA time. The rand unexpectedly declined during the past two weeks, going from R15.80 to over R16.80 per dollar over the weekend. In March or April, it was still being traded at roughly R14.50. Since September 2020, when Covid-19 lockdowns were still mostly in effect, this is its lowest […]