Emerging-market currencies surged on the final trading day of the year’s first half, a period otherwise marked by unexpected election outcomes and persistent uncertainty over the...
The South African rand surged by 1.6% on Monday, its most significant one-day gain since December 14. This rebound is fueled by investor optimism that the...
South Africa’s currency, the rand, surged against major currencies as Finance Minister Enoch Godongwana announced the country’s decision to tap into its reserves to tackle its...