South Africa FX & SARB Policy BofA Sees 2003 Echo: USD/ZAR Poised for a Stronger South African Rand USD/ZAR plunged 10.61% in 2025 as the Rand mirrors its historic 2003 surge. BofA analysts project 16.34 within twelve months—momentum builds. FXTradingAfrica TeamDecember 14, 2025