DStv Channel 403 Wednesday, 04 December 2024

US elections | Measuring elections' effect on the Rand

JOHANNESBURG - With Donald Trump now elected the 47th president of the United States, global markets are in for a shake-up, and the South African Rand is no exception. 

READ: Trump: Political Houdini does it again

The rand has been feeling the squeeze, experiencing significant volatility.

For local businesses and ordinary folks, these fluctuations could affect purchasing power and trade costs.

Harry Scherzer, the Actuary and CEO of Future Forex, discussed this with eNCA.

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