The rand is slumping, here’s why – The Wall Street Journal

A collection of mixed denomination South African rand banknotes sit in an arranged photo in Johannesburg. Photographer: Waldo Swiegers/Bloomberg

Argentina is in the grip of a full-blown currency crisis and currency traders are asking, “Who’s next?” The South African rand is one potential answer.

This article is exclusive to Biznews Premium. Members please login here. Not yet subscribed? Taste before you eat by signing up here for free 30 day trial (card details required).