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South African Rand Weakens as Traders Await Cabinet Announcement

The South African rand weakened for a third day as traders awaited news on the appointment of a cabinet, almost a month after elections stripped President Cyril Ramaphosa’s party of its parliamentary majority.


  • Jun 26 2024
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South African Rand Weakens as Traders Await Cabinet Announcement
South African Rand Weakens as Traders Await Cabinet Announcement
(Bloomberg) — The South African rand weakened for a third day as traders awaited news on the appointment of a cabinet, almost a month after elections stripped President Cyril Ramaphosa’s party of its parliamentary majority. Read More

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