The diagram shows the market equilibrium exchange rate between the South African rand and the U.S. dollar (USD). Recently, due to a shift in global demand, South African exports have decreased. Shift the demand and supply curves as appropriate. Exchange rate (USD per rand) Quantity of rand Supply Demand As a result of the change in the exchange rate, both South Africa's current account balance and its financial account balance will rise. both South Africa's current account balance and its financial account balance will fall. South Africa's current account balance will rise, and its financial account balance will fall. South Africa's current account balance will fall, and its financial account balance will rise.

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