The rand and the Namibia dollar are currently trading at their best level in almost eight months, as Democratic contender Joe Biden was still maintaining a narrow lead in the US election. A Biden victory is seen as bad news for the dollar, as he is expected to approve a large stimulus package, adding to US government debt and possibly diluting the value of the dollar. Biden should also stop the American trade war with China and others. This will mean more imports to the US, which could also weigh on the dollar.