The South African rand was one of the best-performing currencies this year as it jumped by over 11% against the US dollar.
South Africa’s new lower inflation target is giving the rand fresh momentum, with policymakers and analysts agreeing it could ...
As the rand hovers around R18 to the dollar, experts predict a potential drop to R17. 75, driven by upcoming National Budget announcements. After starting the day at R18. 01 to the dollar, the South ...
The rand moved back towards R18.00 to the dollar on Monday as investors remain on edge ahead of the August 1 American tariff deadlines. At 4.50pm the local currency was at R17.73 to the dollar. The ...