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Latest

Rand closes in on R16 as dollar weakness fuels rally

IOL · 20 August 2026 at 15:21

Rand closes in on R16 as dollar weakness fuels rally

The rand was trading at R16.12 to the dollar in the early afternoon, with analysts pointing to a weaker US dollar and softer US data behind its recent gains.

Read the full article on IOL ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on iol.co.za — the content belongs to IOL.

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