RAND ON THE RUN: SA's currency sinks with euro, hits lowest level since 2020 against resurgent dollar - Daily Maverick

With Europe on the verge of recession, the euro has sunk to 20-year lows and is pulling the rand down with it. Not that the rand needed much pulling against the backdrop of industrial-scale load shedding, collapsing confidence, and falling commodity prices.

The eurozone remains South Africas largest trading partner and so the rand often dances to the euros tune. And that tune at the moment is the blues.   To wit, the rand has now sunk to its lowest lev… [+2286 chars]

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