South African rand losses in the currency to look for higher-yield investments elsewhere and due to concerns over the impact of the economic slowdown in China, South Africa's largest export partner. By mid-January, economists were speculating that the Rand could expect to see further volatility for the rest of 2016. By 29 April, it reached its highest performance over the previous five months, exchanging at a rate of 14.16 to the United States dollar. Following the United Kingdom's vote to leave the European Union (EU), the Rand dropped in value over 8% against the United States dollar on 24 June 2016, the currency's
The RAND Journal of Economics journal in the spring of 1970 with the name The Bell Journal of Economics and Management Science. From 1975–1983 it was titled The Bell Journal of Economics. In 1984, after transfer to the RAND Corporation, it acquired its present name. The RAND Journal of Economics The RAND Journal of Economics (usually called Rand Journal or simply Rand ) is a peer-reviewed scholarly journal of economics published quarterly by Wiley-Blackwell on behalf of the RAND Corporation. The journal's purpose is "to support and encourage research in the behavior of regulated industries, the economic analysis of organizations, and more generally, applied microeconomics".