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Rand under pressure as US rate hike bets rise and the dollar flexes its muscles

IOL · 01 September 2026 at 13:29

Rand under pressure as US rate hike bets rise and the dollar flexes its muscles

The rand slipped to around R16.16 as higher US rate expectations and geopolitical tensions supported demand for the dollar.

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Rand under pressure as US rate hike bets rise and the dollar flexes its muscles

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