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Rand slides to five-and-a-half year low

The rand extended trading session losses to more than two percent on Thursday

3 October 2008 · Staff Writer

Rand slides to five-and-a-half year low

By Gordon Bell
From Business Report

The rand extended trading session losses to more than two percent against the dollar on Thursday, following gains for the greenback after the US Senate passed a $700-billion bank bailout plan.

Justmoney.co.za says:

The world economic turmoil is having an effect here, although it is not as pronounced as elsewhere. So make sure you know where you stand with your finances by performing a healthcheck, working out your budget, and calculating your tax.

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