South African rand falls as dollar rises
Published on: Thursday 05 January 2023
South Africa's rand weakened on Thursday as the U.S. dollar jumped after the release of strong employment data, which added to expectations the Federal Reserve could keep hiking rates at an aggressive pace.
News source: https://www.reuters.com/world/africa/south-african-rand-edges-lower-ahead-pmi-reading-2023-01-05/