South Africa's rand firmed slightly on Thursday after four days of losses as the dollar benefited from Donald Trump's U.S. election win. At 1519 GMT, the rand traded at 18.2275 against the dollar, about 0.

It took less than a week for one of Citigroup Inc.’s recommended Trump trades to sink under water.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion,

Currency fluctuations can be sudden and unpredictable, and that’s particularly true for emerging market currencies such as the rand

South Africa's rand hit a three-month low on Tuesday, hurt by a stronger dollar and weaker gold prices, as markets grappled with what another Donald Trump presidency will mean for U.S. policy and trade relations.

The South African rand saw big swings last week, driven by Donald Trump’s re-election and eased tensions in the Middle East and Ukraine, but closed nearly unchanged at R17.52 to the dollar.