CLEAN : Tourists profit from South African currenc

The video discusses the impact of currency exchange rates, particularly focusing on the Rand. It highlights how a weak Rand allows for more affordable spending on holidays and food. The video also analyzes the strong depreciation trend of the Rand and its potential future stability. It concludes by contrasting the short-term benefits of a weak Rand with the long-term increase in input costs.

What was the exchange rate of the Rand to the Euro mentioned in the video?

• 10 Rand for 1 Euro

• 12 Rand for 1 Euro

• 16 Rand for 1 Euro

• 14 Rand for 1 Euro

How did the weaker Rand affect the narrator's holiday spending?

• It limited their spending

• It allowed them to spend more

• It had no effect

• It made things more expensive

What food items did the narrator mention buying due to the weaker Rand?

• Salad and soup

• Burger and fries

• Pizza and pasta

• Giant wrap, crepe, and samosas

What is the expected medium-term trend for the Rand according to the video?

• Immediate appreciation

• Stability and possible small appreciation

• Continued depreciation

• Rapid appreciation

What long-term economic challenge is associated with a weak Rand?

• Lower tourism revenue

• Increased export costs

• Higher input costs

• Decreased foreign investment