South African rand slips on renewed Gulf hostilities, sour business PMI

The South African rand weakened in early trading on Wednesday as renewed tensions in the Gulf ​rattled sentiment after U.S.-Iran talks stalled, while domestic ‌investors also digested a business survey pointing to a contraction in activity.

Jun 3, 2026 - 13:00
 0  2
South African rand slips on renewed Gulf hostilities, sour business PMI
The South African rand weakened in early trading on Wednesday as renewed tensions in the Gulf ​rattled sentiment after U.S.-Iran talks stalled, while domestic ‌investors also digested a business survey pointing to a contraction in activity.

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