💨 Abstract

The South African rand has reached an all-time low against the British pound (R24.96 per pound) and the US dollar (R19.32/$), due to escalating US-South Africa tensions, US Congressman Ronny Jackson's bill proposing sanctions on "corrupt South African government officials," President Trump's 10% global tariff, internal political instability, and the Government of National Unity's discord.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖