Currency Bargain Hunters Beware Another False Dawn For The Rand

MARKET VOICE

The rand may be in trouble now, but don’t underestimate the potential for further falls, says Colin Lambert, senior currency analyst at market analysis and commentary service, MCM Currency Watch.

It has become fashionable in international financial circles to blame the US dollar for just about every woe that has befallen individual nations. South Africa is no exception.

Whilst acknowledging that the land rights crisis in neighbouring Zimbabwe has been a drain on the rand, South African

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