Reported 3 days ago
For the first time since 2016, South Africa's rand ranks among the top five performing emerging-market currencies, bolstered by rising investment levels, low inflation, and favorable interest rates. Despite a decline in December, forecasts suggest a stronger future for the rand, with a projected total return of 15% in 2025. Infrastructure improvements and increased bond market inflows further support optimism for the currency's performance.
Source: YAHOO