Phillip de Wet · @phillipdewet
456 followers · 444 posts · Server mastodonapp.uk

A neat illustration of how the collapse of the (30% in less than a year) can be baked into prices, even if the subsequently recovers.

The process to adjust 's for medicine is underway. A lot of drugs are imported, so considering the exchange rate is built into that process. It could be weighted at up to 50% of the adjustment; domestic inflation will then be the other half.

#rand #currency #southafrica #singleexitprice

Last updated 2 years ago