South African Rand Strengthens Despite Struggling Economy in Q1 2024
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#9f57e6b8 ver:0.2

Despite a struggling economy, the South African rand strengthens, reaching its strongest levels since November 2023. The rand has gained almost 1.5% against the dollar in the past week and more than 4% since mid-April. The dollar's decline and gains in metal prices, particularly copper, gold, and platinum, contribute to the rand's strength. However, the South African economy continues to struggle, with mining production shrinking and unemployment rising. #SouthAfrica #economy #currency #metals...

#newstr #SouthAfricanRand #ExchangeRate #SouthAfricanEconomy #MiningProduction #InternalTradeData #UnemploymentRate 

 https://here.news/story/9f57e6b8?ver=0.2