South African rand slides as dollar steadies ahead of Fed
Published on: Friday 16 September 2022
South Africa's rand weakened on Friday, as the U.S. dollar hovered near its recent peaks on expectations that the Federal Reserve would need to hike interest rates more to tame inflation.
News source: https://www.reuters.com/world/africa/south-african-rand-slides-dollar-steadies-ahead-fed-stocks-fall-2022-09-16/
