South African Rand Strengthens to Strongest Levels Since 2023
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#9f57e6b8 ver:0.19
The South African rand strengthens to its highest levels since 2023, trading at R18.19 against the dollar. The rand has gained 1.5% in the past week and over 4% since mid-April. Speculation about Federal Reserve rate cuts and a softening US economy contribute to the dollar's decline. Metal prices, including copper, gold, and platinum, also support the rand's rise. #SouthAfrica #currency #economy...
#newstr #SouthAfricanRand #ExchangeRate #Dollar #FederalReserve #Inflation #CommodityPrices
https://here.news/story/9f57e6b8?ver=0.19