Faced with Trump’s tariffs and threats, BRICS countries are trying to reduce dollar use in trading with each other.
The South African rand climbed to its strongest level against the US dollar in more than three years on Monday, extending a rally driven by record gold prices, improved global risk appetite, and ...
The South African rand was one of the best-performing currencies this year as it jumped by over 11% against the US dollar. The USD/ZAR exchange rate was trading at 16.68, down by 16.4% from its ...
South Africa’s currency is on track for its biggest August gain in two decades, with stocks not far behind, as a weakening dollar spurs demand for high-yielding assets outside the US. The rand is up 3 ...
South Africa’s rand is enjoying its strongest weekly rally in more than two decades, buoyed by surging precious metal prices ...
A notification popped up on my LinkedIn the other day. Africans were doing a traditional celebratory dance at the Africa Stablecoin summit in Johannesburg. The picture gave me a sinking feeling. Why?
A gauge of expected volatility for the rand versus the dollar is at its lowest level since the turn of the century, suggesting traders expect little upheaval for the South African currency as the year ...