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Rand Rally Sputters as Trump's Tweet Triggers Sanctions Concern

  • Currency narrows loss against dollar after falling 1.9 percent
  • Rand in better shape than lira to withstand U.S. scrutiny: ING
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Bloomberg’s Amogelang Mbatha explains how a tweet by President Donald Trump affected South Africa’s rand.(Source: Bloomberg)
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The rand halted a four-day winning streak after U.S. President Donald Trump tweeted about South Africa’s land politics, sparking concern the country may become the next target for U.S. sanctions.

Twitter: Donald J. Trump on Twitter