Published Aug 4, 2026, 7:55 AM ET · Updated 3 months ago · 1 source
Options Traders Cut Long-Term Bearish Bets on South African Rand
bloomberg
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Original Report
The cost of hedging against rand declines over the next 12 months has fallen to the lowest level this year as investors bet gyrations spurred by the Middle East conflict and a surprise interest-rate hold by the central bank will soon blow over.