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South African rand slumps at end of turbulent week - REUTERS

NOVEMBER 10, 2024

JOHANNESBURG, Nov 8 (Reuters) - The South African rand fell on Friday as a turbulent trading week, dominated by Donald Trump's victory in the U.S. presidential election, drew to a close.
The rand has mainly tracked offshore drivers this week, also moving on the outlook for U.S. interest rates and the Federal Reserve's latest monetary policy announcement on Thursday.
At 1518 GMT on Friday, the rand traded at 17.5675 against the dollar , down about 1.4% on its previous close.

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