---
title: "South African Reserve Bank Governor Highlights Rand's Resilience Amid Iran Conflict"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285223651.md"
description: "South African Reserve Bank Governor Lesetja Kganyago praised the resilience of the rand and other emerging-market currencies amid the Iran conflict. He suggested this trend may indicate a shift away from U.S. assets. As global markets react to geopolitical tensions, investors are reassessing portfolios. Kganyago attributes the strength of emerging-market currencies to their fortitude in crises, signaling a potential change in investor sentiment that could impact the global financial landscape."
datetime: "2026-05-05T14:13:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285223651.md)
  - [en](https://longbridge.com/en/news/285223651.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285223651.md)
---

# South African Reserve Bank Governor Highlights Rand's Resilience Amid Iran Conflict

South African Reserve Bank Governor Lesetja Kganyago praised the resilience of the rand and other emerging-market currencies during the ongoing conflict in Iran. Bloomberg posted on X that Kganyago suggested this trend might indicate a broader shift away from U.S. assets. The governor's remarks come as global markets react to geopolitical tensions, with investors reassessing their portfolios in light of the situation. Emerging-market currencies, including the rand, have shown strength, which Kganyago attributes to their inherent fortitude in times of crisis. This development could signal a changing sentiment among investors, potentially impacting the global financial landscape.

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