Rand Rebound Sets Stage for Rally to Resume as Metals Stabilize

South Africa’s rand rebounded on Monday after the worst selloff since the tariff turmoil in April, and investors see the currency resuming gains that have made it one of the...

By Mpho Hlakudi · Bloomberg Markets

South Africa’s rand rebounded on Monday after the worst selloff since the tariff turmoil in April, and investors see the currency resuming gains that have made it one of the best performers among emerging-market peers over the past year.