The South African rand hit a three-month record showing major strength.
The rand has taken a hit as worries over winter load shedding grow.
The US Federal Reserve may have finished its rate hike cycle - contributing positively to the South African currency.
The rand shows positive yields despite remaining volatile.
Domestic negative growth and dollar strength beat the rand.
The South African rand is waiting for big policy decisions.
At the World Economic Forum (WEF) in Davos, the finance minister repeats and old talking point that stands in contrast to energy analysts predictions.
South Africa could see the end of rolling blackouts by end of next week according to Eskom chief executive officer, Andre de Ruyter.
The South African rand hit its weakest point in 12 months on Tuesday (23 November) on the back of a stronger dollar and an expected hike in US interest rates.
© 2022, Instive. All rights reserved
