After a good run over the past month or so, the rand-dollar exchange rate has weakened again over the last three days. I then asked my one contact in forex trading what is going on. Apparently, it has nothing to do with Julius Malema or Elon Musk, but it is all related to sentiment about economic growth in China.
This episode is supported by the NWU Business School.
Errors and omissions are my own.
