Economy of Lesotho Swaziland, Namibia, and South Africa also form a common currency and exchange control area known as the Rand Monetary Area that uses the South African rand as the common currency. In 1980, Lesotho introduced its own currency, the loti (plural: maloti). One hundred lisente equal one loti. The Loti is at par with the rand. Until the political insecurity in September 1998, Lesotho's economy had grown steadily since 1992. The riots, however, destroyed nearly 80% of commercial infrastructure in Maseru and two other major towns in the country, having a disastrous effect on the country's economy. Nonetheless, the country has
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