17 May 2018 06:15 | Bloomberg |
South Africa depends on portfolio flows to finance a persistent current-account deficit, and with more than 50 percent of domestic fixed-rate debt in the hands of foreign investors, any reversal should put pressure on the rand - or so the argument goes ...
more17 May 2018 00:48 | Black Excellence Network |
Thulela Magatya is a Public Relations student at the Nelson Mandela University and a Journalist at Black Excellence Network with a strong interest in communications.
more08 Mar 2018 08:52 | TorFX News |
A surprise stagnation in the RICS house price balance for February put further pressure on the Pound to South African Rand (GBP/ZAR) exchange rate, undermining confidence in the domestic outlook.
more16 Feb 2018 11:37 | CNNMoney |
South African President Cyril Ramaphosa says his country is entering "a new era" following the ouster of his scandal-plagued predecessor, Jacob Zuma.
moreSouth Africa has already got a new president. At present the FX market is clearly relieved that Jacob Zuma has gone,” said analyst at German-based Commerzbank Ulrich Leuchtmann in a note.
more14 Feb 2018 07:12 | Pound Sterling Live |
South Africa's Rand has risen by a double digit numbers against the US Dollar and other rivals in the last three months, ever since the reformist Cyril Ramaphosa won December's ANC party leadership election.
more13 Feb 2018 23:26 | BusinessTech |
For about five minutes, the world's most volatile currency barely budged as a top leader of South Africa's ruling party made the announcement that everybody had been waiting for: President Jacob Zuma has been ordered to resign.
more31 Jan 2018 09:45 | Kitco News |
JOHANNESBURG, Jan 31 (Reuters) - South Africa's rand firmed against the U.S. dollar on Wednesday, supported by a weaker greenback and data showing the country's trade surplus widened last year.
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