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South African rand trades at 16 to the dollar for first time since June 2022

cryptonews100_tggfrn by cryptonews100_tggfrn
January 26, 2026
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South African rand trades at 16 to the dollar for first time since June 2022
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(*16*) African financial institution notes that includes pictures of former (*16*) African President Nelson Mandela (R) are displayed subsequent to the American dollar notes on this photograph illustration in Johannesburg August 13 2014. REUTERS/Siphiwe Sibeko/File Photograph

JOHANNESBURG, Jan 26 (Reuters) – The (*16*) African rand hit its strongest degree in opposition to the dollar in three-and-a-half years on Monday, boosted by document treasured steel costs and optimism about the nation’s financial outlook.



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