FINANCIAL INSIGHTS | 28 JANUARY 2020 The history of the Rand Absa | Corporate and Investment Banking > Insights and Events > The history of the Rand SHARE Absa has seen the history of the Rand because we’ve been right beside it, every step of the way Since 1994 we’ve seen the incredible journey the Rand has been on because we’ve been stepping right alongside it, here is our retrospective view of the history of the Rand. Video highlights: In 1994 it was almost R4 to the dollar. We’ve seen policies come and politicians go. We’ve seen the incredible journey the Rand has been on for a quarter of a century. The first seven years of freedom saw a nation swelling with pride even as markets shifted and crises came and went. Sound economic policies, attractive deals and deep markets have given global fund markets a reason to cast their eyes upon our shores. We look at the highs and lows of the Rand and what has impacted its fall and growth. https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles EVENT 16th edition of the India –Africa Agriculture and Allied services conclave Absa will participate and sponsor the 16th edition of the India –Africa Agriculture and Allied services conclave, which will be held in September 2021. EVENT 16th CII-EXIM Bank Conclave on India-Africa Project Partnership Proud Sponsors and Participants of the 16th CII-EXIM Bank Conclave. The CII Exim Bank Conclave on India Africa Project Partnership is an insightful annual event that brings together renowned senior ministers, policymakers and business leaders across different sectors from Africa and India. This event has successfully created access between Indian and African businesses and governments and continues to promote thriving opportunities between these two regions. This year Absa will be sponsoring three virtual events. EVENT African Continental Free Trade Area The AfCFTA will unite all 55 member states of the African Union, bringing together the world’s largest working-age population to create an amazing platform that will empower global businesses, and help them find fruitful financial opportunities. EVENT The Case for Investing in South Africa South Africa has a positive investment story to tell, and foreign investors are ready to listen. That’s the resounding message from the SA Tomorrow Virtual Conference, held in mid-June 2021.
