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The South African rand neared an all-time low against the dollar in early trade on Wednesday, bruised by global risk aversion linked to U.S. President Donald Trump’s tariffs and uncertainty over the ...
As a result of these assessments, UBS has adjusted its quarter-end forecasts for the USD/ZAR pair. It now expects the exchange rate to reach 19.8 for the second quarter of 2025, up from the previous ...