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News Link • Currencies

It's A Bloodbath In The Global Currency Markets Today

We 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 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).


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