South Africa Economy: Rand falls; recession heightens
South Africa, Africa’s second-largest economy could be in deep trouble, as the nation’s currency—rand eased against the dollar early on Wednesday, whereby the currency kept on sustaining losses a day after the central bank surprisingly cut lending rates, according to information from Reuters. The nation’s finance minister Tito Mboweni also gave a warning on the … Continue reading South Africa Economy: Rand falls; recession heightens
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