GBP/ZAR, USD/ZAR: Here’s why the South African rand is rising

The South African rand has rebounded against key currencies like the euro, pound, and the US dollar. The GBP/ZAR exchange rate has tumbled for five straight days and is trading to its lowest level since December 2023. It has fallen by almost 6% from its highest point this year. The USD/ZAR has also plunged for […]