Sentences with phrase «weaker rand»
One of the consequences of a weaker rand has been stronger gold priced in the local currency and higher South African gold mining stocks, as measured by the FTSE / JSE Africa Gold Mining Index.
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The weak rand will make it more painful for South Africa, which is experiencing the worst drought in a generation and is usually an exporter of agricultural products, to import corn, the nation's staple.
Not exact matches
«That said, the scars remain and amplify South Africa's economic woes; we continue to view South Africa as the region's «weakest link», and remain bearish on the rand.»