Rand Refinery to manufacture South African legal tender coins such as the world famous Krugerrand. All the gold used to manufacture the coins is supplied by Rand Refinery, who has been appointed the sole supplier of bullion Krugerrands to primary distributors both locally and internationally. In addition to its smelting and refining services Rand Refinery offers metallurgical, logistics and vault services. It acts as an agent for its precious metal depositing customers and its global markets business unit markets all the precious metal produced by the refinery. Rand Refinery Rand Refinery (Pty) Limited is the largest integrated single-site precious metals refining and
Currency war second round of quantitative easing though to a lesser extent than the United States; Britain and the Eurozone did not launch an additional QE in 2010. For a widespread currency war to occur a large proportion of significant economies must wish to devalue their currencies at once. This has so far only happened during a global economic downturn. An individual currency devaluation has to involve a corresponding rise in value for at least one other currency. The corresponding rise will generally be spread across all other currencies and so unless the devaluing country has a huge economy and is substantially