South African Rand Currency Appreciation | Is appreciation of currency good?

Is appreciation of currency good?

A strong dollar or increase in the exchange rate (appreciation) is often better for individuals because it makes imports cheaper and lowers inflation. …

Side Effects of South African Rand Currency Depreciation

A weak currency or lower exchange rate (depreciation) can be better for an economy and for firms that export goods to other countries.

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A Full Historical Data Of South African Rand

SEE ALSO Do exchange rates change daily Dollar To Rand History of the Rand How …