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Rand Gains Strength Amid Global Cues and Local Economic Developments

South Africa’s rand recently gained momentum, rising 0.3% to 17.17 against the U.S. dollar. The movement followed softer U.S. economic data, which fueled expectations that the Federal Reserve might cut.

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Congo’s Franc Revival: Reducing Dollar Dependence in Africa

The Democratic Republic of Congo (DRC), Africa’s second-largest nation by landmass and a mineral powerhouse, is embarking on a bold financial mission: restoring trust in the Congolese franc and reducing.

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