Back To Top

May 27, 2025

South African Rand Soars Ahead of SARB Interest Rate Decision

The USD/ZAR exchange rate continues to rise significantly. Following last week’s discussions between Donald Trump and Cyril Ramaphosa in Washington, the currency has fluctuated dramatically. It plunged from a peak of 19.93 on April 9 to a low of 17.80 this week. Investors are keenly focusing on the South African Reserve Bank (SARB) interest rate decision that could further influence the rand’s performance. Traders expect a potential shift in monetary policy, which may add volatility to the currency in the coming days.

Prev Post

Savvy Trader Turns the Tables, Profits from $622M Bitcoin Long…

Next Post

Circle’s IPO Filing Casts Doubt on Ripple’s $20 Billion USDC…

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment