Rand on the brink of a record low against US dollar

Moneyweb

South Africa’s rand nears record low against US dollar at R19.75, dropping over 7% in a week. Uncertainty over government of national unity and Trump tariffs weigh on currency. JSE gains in line with global markets. Rand also hit record low against British pound. ANC and DA fallout over national budget and VAT hike blamed for currency woes.
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