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