JOHANNESBURG, April 9 (Reuters) - South Africa's currency weakened against the dollar on Monday, slipping to its weakest in more than two weeks in a broad sell-off of emerging market currencies as fears of a U.S.
more09 Apr 2018 07:16 | Pound Sterling Live |
Q1 Manufacturing data is the main release for the Rand in the week ahead. - The Pound could be impacted by industrial and manufacturing production, and wage data.
more06 Apr 2018 12:26 | Eyewitness News |
JOHANNESBURG - South Africa's rand weakened on Friday as resurgent US-China trade tensions and concerns about a slow recovery in the domestic economy soured investor sentiment, while stocks edged higher.
more05 Apr 2018 02:13 | Pound Sterling Live |
A mixture of reserve bank policy change and a technical breakthrough on the price charts has improved the outlook for the Pound against the South African Rand, we believe. A strong up-day yesterday (Wednesday, April 4) saw one Pound go from being able ...
more14 Mar 2018 10:33 | Future Currency Forecast |
This outcome would tie into Office for Budget Responsibility (OBR) forecasts for inflation to fall to the Bank of England's (BoE) 2% target by 2019.
more14 Mar 2018 05:41 | BusinessTech |
After a busy start to the year - including a new president, the tabling of the 2018 budget, and a cabinet reshuffle - South Africans have now begun to assess what these changes mean for them and their pockets going forward. “The recent changes are a ...
moreThe rand was up 0.7 percent at 11.7575 per dollar at 1518 GMT, having touched a session high of 11.7100. In fixed income, the yield for the benchmark government bond fell by 9.5 basis points to 8.11 percent, reflecting firmer bond prices.
more06 Mar 2018 08:37 | BusinessTech |
Long-rand contracts outnumber shorts by more than 400%, the data shows. “As a result analysts are scrambling to update their forecasts for the currency,” Bloomberg said.
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