IPFS News Link • Currencies
It's A Bloodbath In The Global Currency Markets Today
• businessinsider.comWe are seeing some huge moves in global currency markets this morning.
The dollar is up 4.7% against the Malawian kwacha, which is taking a hit along with the South African rand and other African currencies as the world's three largest platinum mines go on strike in South Africa.
The dollar is up 4.7% against the Malawian kwacha, which is taking a hit along with the South African rand and other African currencies as the world's three largest platinum mines go on strike in South Africa.
The dollar is up 1.6% against the Angolan kwanza — another of the biggest currency losers in Africa today.
And here is the South African rand (the dollar-rand exchange rate is up 1.1% today).
