The south African Rand has been hit drastically with the recent Plunge of the Turkish Lira.

31 August 2018 - Which Way To Pay

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<H2>Our Homeland Currency South African Rand has taken a drastic hit with the Lira on the drop.
</H2>
<P>As the news came about earlier this week , we can see that the <A href="”http://www.whichwaytopay.co.za/currency-exchange.asp”">South African Rand</A> has been dramatically hit with the Tsunami like plunge in the Turkish Lira . This news came about when the Turkish Stock market released figures confirming the Lira had Dropped by as much as 10% . The next currency to the be effected is unfortunately the South African Rand. </P>
<P>Recent analysis has confirmed that the reason the Turkish Lira has taken such a huge Plunge in the stock market , is all surrounding the drop in Tourism in the last 18 Months . AS most country's use some element of Tourism to boost their economy this is where it has been lost . </P>
<P>The South African Rand has always been a strong currency on the stock market , therefore with this news , the south African Rand will see this as a drastic change . Recent reports from a popular bank has urged people to be extra careful when moving monies around etc. as this can also be affected by the Drop . </P>
<P>The one plus side for South Africa in this crisis is that they still have there own established Reserve bank , where as Turkey unfortunately don't have this facility . This again will bring a little more strength and stability to the South African Rand . </P>
<P>The story that is being told of why the Turkish Lira has taken such a big Hit is not only the tourism factor but also because of the Turkish president having a stand off disagreement with the us administrators , therefore once again unfortunately the Currency takes a hit on this . </P>
<P>So lets remember to be extra wary when making any financial decisions at this time with the South African Rand current Situation. </P></H2></H2>

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The south African Rand has been hit drastically with the recent Plunge of the Turkish Lira.
31 August 2018
Which Way To Pay
Our Homeland Currency South African Rand has taken a drastic hit with the Lira on the drop.
Read More >>