South Africa’s rand fell to its lowest level in 18 months, trading at 19.58 against the U.S. dollar, a drop of 2.4 percent from the previous Friday’s close. The currency’s decline comes as President Donald Trump maintains a firm stance on U.S. tariff plans. South African officials have indicated that they will engage in discussions with the U.S. to address the situation.
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😮😮😮 Weak & tragic 😮😮😮😮😮 Slumped / plunged / wierd / WORST EMERGING MARKET !!!!!!! manifestation… NOT GOOD AT ALL 😮😮😮😮😮😮😮😮
BASICALLY – Awful News!
Thanks, Ladies
Oh man. Markets slumped worldwide it is a reset. Stop this stupid complaining
. Negotiate and change yoreign policy. Everybody knows this. So why is the government not adhering. J
South Africa does not have currency 💱.. it belongs to the EU. Stock market also, we are still under these clowns 🤡
From currency to toilet paper…viva comrades
Zimbabwe here we go!!
Anc needs to stop their racial issues and sort the countries problems out which are more important to colour issues grow up and act like a vovernment should
These people are parachuting the DA into government while locking out the majority of black parties
YESSSSS! Great news hank you President Trump Hopefuuly soon we will not even be able to compete against the Zim Dollar Great News
We are slapped with tariffs because of ANC corruption and their lies!!!
As part of Brics why do we still use the dollar as a bench mark
Yup! That is what happen when our polisions byte the hand that feeds them with all thier insults to USA.
Thank you anc for making life more difficult
ANC ineptitude on FULL display……..
ANC Mamparras will have to increase vat to 30% now to handle this problem.
Amandla is Out Of Stock now.
Markets are down worldwide, and SA is hit really hard. What I find strange though is to see the idiots in the comments section celebrating this as if they won’t be affected by all this.
Its more to do with the GNU budget not being agreed to and vat increase.
This is deliberately done cos USA wants to punnish RSA… About palestine /Israel
NO SURPRISES THERE ramaphosa IS THE PROBLEM !!!!!!!!!!!!
BRICS was hailed as the appropriate replacement for American aid and economic policies. Where is BRICS now? We're really led by mamparas (fools) in South Africa.
Economics precedes politics.
ALL FOREIGNERS MUST LEAVE SOUTH AFRICA. TIME IS RUNNING OUT FOR THEM