The local currency rallied 3.7% against the dollar since President Cyril Ramaphosa announced a new cabinet in June.
The FTSE/JSE All Share Index has gained 6.6% over the same period.
For more financial news, go to the News24 Business front page.
The swift formation of a new coalition government in South Africa after May elections has bolstered investor confidence and fuelled a rally in the nation's currency and the stock market, Finance Minister Enoch Godongwana said.
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