Rand faces volatility amid global tensions and US Dollar gains

Rand faces volatility amid global tensions and US Dollar gains

The South African rand began the week at R17.07 against the US dollar, reaching a 20-month high after a period of steady gains. As expected, the rand saw some losses due to global influences, particularly from the US and Middle East. On Monday, the rand briefly strengthened to R17.03, benefiting from improved investor sentiment towards … Read more