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USD/ZAR Forecast: Rand (ZAR) Slides Despite BRICS Expansion Plans, A Temporary Blip?

Published: August 24, 2023

USDZAR has rallied higher today despite the BRICS Bloc announcing its expansion plans. The inclusion of Saudi Arabia is sure to stir up de-dollarisation talks once more, but a lot of work lies ahead for the Bloc in that regard.

Source: dailyfx.com

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