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US plans to banish South Africa, and end of an era for the rand | SA News

Malcolm Libera
 ·4 Dec 2025

The rand remained stable on Wednesday following the release of a purchasing managers’ index (PMI) that gauges business conditions.

Global investors are closely monitoring key US economic data ahead of the Federal Reserve’s interest rate decision next week.

The rand traded at 17.075 against the dollar, marking a roughly 0.2% increase from Tuesday’s close.

According to an S&P Global survey released on Wednesday, South Africa’s private sector activity contracted for the second consecutive month in November due to ongoing…

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