The local currency had been trading in a tight range since January following changes to the country's political leadership but has now fallen due to a few factors.
Masango was suspended in November last year following a forensic investigation that alleged that he was involved in serious misconduct.
Processes followed by the Home Affairs Department in naturalising members of the Gupta family are set to come under scrutiny in Parliament.
A massive sinkhole spanning one entire side of the double carriageway appeared last month after a heavy downpour reducing traffic flow to just the north-bound lane.
A protest in Pelican Park has resulted in the closure of a section of Strandfontein Road on Wednesday morning.
Workers a demanding a 9% salary increase for the first year while the employer is offering 8.5%.
The federation's more than 20 unions, including Numsa, will take part in various marches to put pressure on government not to implement the R20 minimum wage bill.
Trump told reporters during a meeting with French President Emmanuel Macron at the White House that North Korea had said it wanted to hold the summit “as soon as possible.”