Why the rand is trading at more than R7 to the US dollars
By | Published Jun 10, 2000
Nineteen years ago, one US dollar cost R0. 88. By 1985 the same dollar costR2. 22 and by the beginning of last year you were paying more than R6. Thisweek, you were lucky if you could get a dollar for just over R7. When you need more rands to buy a d