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South Africa's Rand Emerges as a Leading EM Currency First Time in Eight Years

By Yahoo! Finance   |   11 months ago
South Africa's Rand Emerges as a Leading EM Currency First Time in Eight Years

South Africa's rand is among the top five best-performing emerging-market currencies in 2024, showing resilience due to rising investments, lower inflation, and structural reforms. Analysts predict a 15% total return in 2025, with a forecasted exchange rate of 16.

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