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Rand tanks as Trump ready to get back to White House

1. Historical Context: The Rand and Political Influence The South African rand (ZAR) has historically been sensitive to international political shifts, especially those involving the United States. The currency's movement is often seen as a barometer for risk sentiment among global investors. The U.S., as one of the world's largest economies, has significant influence on global financial flows. When uncertainty rises due to political developments such as U.S. elections, particularly with high-stakes candidates like Donald Trump, the rand often mirrors the sentiment of risk aversion.