South Africa Traders Are Most Bearish on Rand in Three Years

Bearish options bets on the rand are at the highest in almost three years as traders start to question whether the South African currency’s headlong rally has further to run.

By Mpho Hlakudi · Bloomberg Markets

Bearish options bets on the rand are at the highest in almost three years as traders start to question whether the South African currency’s headlong rally has further to run.