The South African Rand Weakened as Interest Rate Hikes Raise Concerns About Global Growth The South African rand experienced a 1% decline against the stronger U.S. dollar on Thursday, driven by a series of interest rate hikes implemented by various central banks. This trend sparked worries about global economic growth. At 1528 GMT, the rand…
This Article Rand Weakens Amid Global Growth Concerns: Impact of Central Bank Rate Hikes was first published on TDPel Media by Judah Olanisebee.