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
Rand School of Social Science unions centered in New York. In 1935, the Rand School changed its name to the "Tamiment Institute and Library," although it continued to use the imprint "Rand School Press" for its printed publications. During the Socialist Party split of 1936, the Rand School of Social Science followed the Old Guard faction out of the party and into the new Social Democratic Federation. During this final interval the school became to be supported in an increasing percentage by the profits generated by Camp Tamiment, the SDF's country summer camp for trade union workers. by the late 1930s more than half of