south african rand

Latest news and articles about south african rand from NEX English

Maintain stability of South African rand amid threats to Ramaphosa

Despite ongoing political pressures facing South African President Cyril Ramaphosa, the country's currency, the rand, remains stable. Investors show optimism regarding the continuation of economic reforms even if Ramaphosa leaves office.

Praise for South African Rand Amid Declining Trust in US Assets

South African Reserve Bank Governor Lesetja Kganyago praised the strength of the rand and other emerging market currencies amidst the ongoing war in Iran. He noted that this could reflect a broader decline in trust in US assets.