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South Africa , Thursday 16 April 2026

South African rand jumps as dollar weakens on U.S. CPI data

Published on: Tuesday 13 December 2022

South African rand jumps as dollar weakens on U.S. CPI data The South African rand and stocks rose on Tuesday as the dollar weakened after data showed a further decline in U.S. inflation, raising the prospect that the pace of Federal Reserve interest rate hikes will ease.


News source: https://www.reuters.com/world/africa/south-african-rand-jumps-dollar-weakens-us-cpi-data-2022-12-13/

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