Zimbabwe shuts out foreign currency to tighten economy
With official inflation up markedly, Zimbabwe abandons the use of foreign money at home. It is intended to strengthen the local currency and ween the country off the US dollar and the South African Rand.
South African Rand is undervalued, Goldman's Coleman says
Colin Coleman, head of the South African group at Goldman Sachs, discusses the outlook for South Africa's economy with Bloomberg's Guy Johnson and Vonnie Quinn on "Bloomberg Markets: European Close."
South African Rand caught in turmoil of split ANC
Tensions in the African National Congress over a police investigation of South Africa's finance minister are spilling over into the nation's currency and bonds.