Rand Volatility Slumps as Foreign Interest in South Africa Wanes
The South African rand is the calmest it’s been in nine years, but the drop in volatility points to a troubling cause: a long-term decline in investor interest in the country.Most Read from BloombergUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationSingapore Ends 181 Years of Horse Racing to Make Way for HomesFrom Cleveland to Chicago,