Rand halts freefall after Trump pauses tariffs for 90 days, but uncertainty looms

By Siphelele Dludla | Published 23h ago

The South African rand has hit a concerning milestone, crossing the R19. 80 mark against the US dollar as the US-China trade war intensifies with retaliatory tariffs. Analysts warn the currency could breach R20 if global trade tensions continue to escalate, making it the worst-performing currency globally in April.