💨 Abstract

The South African rand depreciated past R19 to the dollar on Friday due to escalating US-SA tensions and internal political instability. US Congressman Ronny Jackson introduced a bill aiming for a comprehensive review of the bilateral relationship and potential sanctions on corrupt SA officials. President Trump announced a 10% global tariff, with SA facing a 30% rate, impacting key sectors.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖