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 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