Tag Archives: Rand

South African rand strengthens with coalition government talks 

Key points:  The South African rand rose against a broadly stronger US dollar (Currency pair: USDZAR) expecting political parties to agree on the formation of a coalition government. USDZAR pair was lowered to the 18.36540 zone, making the ZAR one of only three G20 currencies to rise against the US dollar, as markets eagerly awaitContinue Reading

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