The world economy is still feeling the effects of turmoil originating from China, where the markets are still in chaos and investors are looking to liquidate assets at an alarming rate. As a result of this panic, other currencies are being affected as well, as it all comes down to finding a market with some liquidity. South Africa’s rand felt the brunt of that effect, as the currency lost a fair bit of value against the US Dollar. Bitcoin, on the other hand, kept a steady course.
http://bitcoinist.net/bitcoin-remains-s ... ses-value/
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jdebunt
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Bitcoinist - Bitcoin Remains Stable As South African Rand Loses Value
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