Showing posts with label Rand. Show all posts
Showing posts with label Rand. Show all posts

Monday, May 30, 2011

The future of the Rand

The Rand has been trading sideways against the US Dollar since August 2010, between 7.30 and 6.50. It looks like the Rand is unlikely to break the R6.50 mark, and can trade in this range for some time.