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zar tailspinlatest news & developments
Investor confidence is low as citizens and domestic private companies stash their cash abroad to protect it from the volatility of the weakened rand. (Getty)
CYRIL RAMAPHOSA

Load-shedding, US tensions send rand into tailspin

The local currency has weakened past R19 for the first time since April 2020

  • Sarah Smit
2 min read