Showing posts with label South Africa; Nigeria; Gross Domestic Product. Show all posts
Showing posts with label South Africa; Nigeria; Gross Domestic Product. Show all posts

Thursday, August 11, 2016

South Africa’s Economy Regains Rank As Africa’s Biggest On Currency Fluctuations

*Rand leads emerging markets rally after Brexit, local vote *Naira weakens more than a third after currency peg removal
South Africa’s economy regained the position of Africa’s largest in dollar terms more than two years after losing it to Nigeria as the value of the nations’ currencies moved in opposite directions.