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Iraj Abedian on the drop in Rand/Dollar exchange rate

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South Africans have in recent weeks become increasingly worried about the massive drop in the Rand/Dollar exchange rate. Coupled with this the Reserve Bank is expected to hike interests rates on Wednesday. Also, the oil price has dropped to lows last seen in 2003. If you are wondering what this all means for you, we have Economist Iraj Abedian who is joining us from our Sea Point Studios in Cape Town. For more News visit: http://www.sabc.co.za/news Follow us on Twitter: https://twitter.com/SABCNewsOnline?lang=en Like us on Facebook: https://www.facebook.com/SABCNewsOnline
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