{"id":15803,"date":"2026-01-26T10:08:21","date_gmt":"2026-01-26T10:08:21","guid":{"rendered":"https:\/\/microvibenews.com\/?p=15803"},"modified":"2026-01-26T10:08:21","modified_gmt":"2026-01-26T10:08:21","slug":"rand-strengthens-past-r16-for-first-time-since-2022","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=15803","title":{"rendered":"Rand strengthens past R16\/$ for first time since 2022"},"content":{"rendered":"<p><\/p>\n<div id=\"textFreeArticle\">\n<p>South Africa\u2019s rand strengthened past 16 per dollar for the first time in almost four years, extending a rally fuelled by global appetite for riskier assets as the US currency retreats.<\/p>\n<p>The rand gained 0.8% to trade at R15.99 per dollar at 10:36 a.m. in Johannesburg on Monday, its strongest level since June 2022.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p>Record-high gold prices and domestic political stability have bolstered the allure of the country\u2019s assets to foreign investors. The rand has also benefited from the decline in the dollar \u2014 the Bloomberg Dollar Spot Index fell about 8% last year on concerns about US President Donald Trump\u2019s tariff war and as the Federal Reserve began easing interest rates.<\/p>\n<p>Read:<br \/>Resources rally takes JSE to new high<br \/>Rand edges closer to R16\/$<br \/>What\u2019s moving the rand: A comeback against the greenback<\/p>\n<p>In addition, China has indicated it\u2019s tolerant of a stronger yuan, bolstering emerging-market currencies including the rand.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT:<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p>\u201cThe rand is being driven by a large positive move in South Africa\u2019s terms of trade, largely driven by moves in precious metals,\u201d said Adam Furlan, a portfolio manager at Ninety One SA \u201cPortfolio flows have also had a positive impact with inflows into EM equities and fixed income positive at the start of the year.\u201d<\/p>\n<p>\u00a9 2026 Bloomberg<\/p>\n<p><em>Follow Moneyweb\u2019s in-depth finance and business news on WhatsApp here.<\/em><\/p>\n<\/p><\/div>\n<p><script data-cfasync=\"false\">\n            !function(f,b,e,v,n,t,s)\n            {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n                n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n                if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n                n.queue=[];t=b.createElement(e);t.async=!0;\n                t.src=v;s=b.getElementsByTagName(e)[0];\n                s.parentNode.insertBefore(t,s)}(window, document,'script',\n                'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n            fbq('init', '779812924991616');\n            fbq('track', 'PageView');\n        <\/script>#Rand #strengthens #R16 #time<\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Africa\u2019s rand strengthen&hellip; <\/p>\n","protected":false},"author":1,"featured_media":15804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[10495,1007,10494,14],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/15803"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15803"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/15803\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/15804"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}