The rand just pulled off its biggest comeback in 16 years

The rand just pulled off its biggest comeback in 16 years

The rand ended 2025 nearly 13% stronger against the US dollar, marking its biggest annual gain in 16 years as the greenback weakened broadly. The risk-sensitive currency posted its first yearly rise against the dollar since 2019 and its largest increase since 2009, supported by South Africa’s improved fiscal performance, success in containing inflation and…

Read More