USD/ZAR Slumps Ahead of FOMC Softer Dollar Drives Volatile Rand

December 14, 2022 at 03:00PM USD/ZAR has continued to decline ahead of FOMC. With South Africa’s inflation easing slightly, the Fed decision could drive the next move. Can the Rand hold gains?

USD/ZAR Slumps Ahead of FOMC Softer Dollar Drives Volatile Rand