Rand firms to near 4-year high as South Africa anticipates State of the Nation Address

African News Agency | 11.02.2026 21:33
The rand strengthened more than 0.6% to R15.84 to the US dollar on Wednesday buoyed by elevated precious metals prices and a softer greenback, as President Cyril Ramaphosa prepares to deliver the State of the Nation Address (SONA) on Thursday.