Rand Strengthens Past 16 Per Dollar for First Time Since 2022
South Africa’s rand strengthened past 16 per dollar for the first time in almost four years, extending a rally fueled by global appetite for riskier assets as the US currency...
By Mpho Hlakudi · Bloomberg Markets
South Africa’s rand strengthened past 16 per dollar for the first time in almost four years, extending a rally fueled by global appetite for riskier assets as the US currency retreats.