South African Rand Extends Drop Amid Trump Tariffs and GNU Crisis

The South African rand continued its slide on Friday, April 4, tumbling to its weakest level since mid-January as Donald Trump’s new tariffs and fears over the collapse of South Africa’s coalition government sent shockwaves through financial markets. By 08:40 GMT, the rand had slumped to R19.12/$, down nearly 2% from Thursday’s close. This brings … Continue reading South African Rand Extends Drop Amid Trump Tariffs and GNU Crisis