FORMATIVE ACTIVITY $27$: EXCHANGE RATES

Answer the questions below US$242910$ SO$4$ AC$4$

$[$Total: $15]$

$1.$ What is the trend of the rand against the US$$?$

$($Trading Economics, $2018)$

$(5)$

$2.$ What are the implications of this trend for South Africa? And for the US$?$

$(4)$

$3.$ What has contributed to this trend?

$(6)$