South Africa’s rand strengthened below 16 per dollar, erasing its Iran war losses as the greenback extended declines sparked by the US Treasury’s plan to buy back longer-end bonds.
Geopolitics Bloomberg Aug 21, 2026
South African Rand Gains Below 16 Per Dollar, Cuts War Loss
South Africa’s rand strengthened below 16 per dollar, erasing its Iran war losses as the greenback extended declines sparked by the US Treasury’s plan to buy back longer-end bonds.
