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In the News

South African Rand in Freefall - The Barmy Army's Take!

Geoff Riley

24th January 2016

The South African rand is in freefall at the moment and England's Barmy Army watching the test match the other day decided to poke some gentle fun at their hosts. This would make a great starter for a lesson on what determines the external value of a currency and in particular why might a currency experience a dramatic fall in price?

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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