A hawkish US Federal Reserve, widening South African current-account deficit and dependence on foreign capital could leave the rand vulnerable despite its attractive carry.
The dispute is the latest front in a broader clash over race, trade and diplomacy that has seen Washington cut aid, impose tariffs, expel South Africa's ambassador and boycott a…
The South African rand opens the week strong at R16.01 against the weakening US dollar, buoyed by rising gold prices and upcoming economic reports that could shape market trends.