SQUAWK/NEWS
Account
Theme
Account
Menu
Live News FX FLASH L impact

South African rand weakens ahead of local elections and proposed US trade-preference removal

The rand weakened as investors stayed cautious before Wednesday’s municipal elections and assessed a US proposal to end South Africa’s duty-free export benefits from 2027.

SquawkNews Desk

Related stories

Mexico Central Bank Poll Puts 2026 Year-End Peso Forecast at 18.39 per Dollar Private-sector analysts surveyed by Mexico’s central bank expect the exchange rate to reach 18.39 pesos per U.S. dollar at the end of 2026. M impact | FX | Nov 03, 2026, 03:05 PM UTC Mexico Central Bank Poll Sees Peso at 18.39 per Dollar at End-2026 Private-sector analysts expect the exchange rate to be 18.39 pesos per U.S. dollar at the end of 2026, according to a Mexico central bank poll. M impact | FX | Nov 03, 2026, 03:05 PM UTC U.S. Dollar Index Up 0.03% at 101.78 After JOLTS, Factory Orders Data M impact | FX | Nov 03, 2026, 03:03 PM UTC Russian Central Bank Sets Official Rouble Rate at 81.6699 per Dollar The rate compares with 80.9734 previously. L impact | FX | Nov 03, 2026, 02:55 PM UTC Argentina’s Caputo Says Export Growth Could Sustain Dollar Availability Economy Minister Luis Caputo told industrialists that exports could sustain “any dollar process,” saying more dollars would be available tomorrow. L impact | FX | Nov 03, 2026, 02:34 PM UTC Colombian Peso Weakens After Central Bank Dollar Purchase The Colombian central bank purchased dollars from the government. M impact | FX | Nov 03, 2026, 02:11 PM UTC