The South African rand started the new year on a sour note, falling sharply against the U.S. dollar on Tuesday. Based on a report by Reuters, the rand traded …
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South Africa’s currency, the rand, fell back on Wednesday after a brief rally on Tuesday as investors awaited the release of the minutes of the latest Federal Reserve meeting and …
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The South African rand is facing pressure from a global realignment of currencies that is beyond the control of the central bank, Governor Lesetja Kganyago said on Thursday. Speaking at …