Rand dips below R19/$ as markets rebound on easing political tensions
By Siphelele Dludla | Published Apr 14, 2025
he South African rand has strengthened by 1. 4% to below R19 against the US dollar as GNU coalition tensions ease and global factors shift. Can this recovery sustain amid ongoing political negotiations and US recession fears? Our analysis explores the factors driving this currency rebound and its potential longevity.