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Rand Set for Biggest Gain in 16 Years on South Africa Stability
Summary by Bloomberg
2 Articles
2 Articles
Rand set for best year since 2009
Rand set for best year since 2009 Estelle.Bronkhorst Tue, 12/30/2025 - 12:58 JOHANNESBURG - 2025 is turning out to be the year of the rand.The currency is on track for its best year since 2009, surging 13 percent as investors chase yield, and the dollar stumbles.More than R72-billion has flowed into local bonds, backed by easing inflation, political stability and progress at Eskom and ports.With a new 3 percent inflation target and expecta…
Coverage Details
Total News Sources2
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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