South African rand steady as investors weigh AGOA decision, await key election results

Business Recorder • Nov 3, 2026

JOHANNESBURG: The South African rand was little changed in early trade on Tuesday as investors weighed ​Washington’s plan to suspend the country from a ‌key trade programme and braced for US midterm and local elections. At 0630 GMT the rand traded at 16.62 ag...

JOHANNESBURG: The South African rand was little changed in early trade on Tuesday as investors weighed ​Washington’s plan to suspend the country from a ‌key trade programme and braced for US midterm and local elections. At 0630 GMT the rand traded at 16.62 against the ​dollar , little changed from its previous close. US Trade ​Representative Jamieson Greer notified Congress that South Africa and ⁠Rwanda would be sus...