South African Rand Strengthens Against Dollar Amid Slow US Job Growth and Expected Rate Cut
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#dd9f5be4 ver:0.24

The South African rand strengthens against the dollar amid slow US job growth and expected rate cut, attracting investors to South African assets. Positive performances in international markets have limited impact as focus remains on domestic factors like currency movements and political developments. Gold prices firm, providing support to precious metal stocks. The rand's strength is attributed to political factors and concerns about manipulation. Cyril Ramaphosa's cabinet announcement contributes to market stability. Bank of America predicts 2% GDP growth if Eskom maintains momentum. South African markets face challenges but recent gains and positive performances provide relief to investors. #SouthAfrica #currency #investing #economy...

#newstr #SouthAfricanRand #UsDollar #ExchangeRate #CyrilRamaphosa #JobGrowth #InterestRates #MarketStability #RandManipulation 

 https://here.news/story/dd9f5be4?ver=0.24