South Africa Launches $500M Forex Funding Plan as Budget Crisis Resolves
✅ Treasury Aims for Innovative Foreign Currency Financing South Africa’s National Treasury is now looking to raise at least $500 million in foreign currency funding for the 2025/26 financial year, following the resolution of a long-standing budget standoff in Parliament. This call for
Trump’s Economic Policies Shake Investor Confidence, Weaken U.S. Dollar and Fuel Global Market Concerns
Dollar Drops Sharply Under Trump’s Leadership Since President Donald Trump returned to office, the U.S. dollar has dropped over 10% against major currencies like the euro, British pound, and Swiss franc. This decline reflects growing unease among global investors about Trump’s aggressive economic