Financial rand had a previous life, from January 1979 to February 1983. The 1985 crisis coincided with a default (then called a "standstill") on foreign debt by the apartheid government. Financial rand The South African financial rand was the most visible part of a system of capital controls. Although the financial rand was abolished in March 1995, some capital controls remain in place. These capital controls are locally referred to as "exchange controls", although the system has since 1995 moved towards surveillance — recording and reporting to the authorities of foreign currency transactions — rather than control. Capital controls have been in
Rand House Rand House The Rand House, nicknamed "Random", is a historic house in Monticello, Minnesota, United States, constructed in 1884 and now operating as a bed and breakfast. It was the centerpiece of a summer estate owned by Minneapolis businessman Rufus Rand, Sr., and his wife Susan Mealey. The Rand House and a nearby building were listed on the National Register of Historic Places in 1979 as the Rufus Rand Summer House and Carriage Barn for having local significance in the themes of architecture, commerce, and entertainment/recreation. They were nominated for being representative of the late-19th-century country estates built by Twin