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November 20, 2024

USD ZAR Struggles Ahead of SARB Decision

The South African rand has faced challenges, losing value over the past two months. The USD ZAR exchange rate traded at 18.05, reflecting a rise of over 6% from its lowest point this year. Investors are advised to watch for developments leading up to the South African Reserve Bank’s decision. The volatile landscape highlights the need for strategic planning and risk assessment in currency trading.

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