JOHANNESBURG, March 15 (Reuters) - South Africa's rand was weaker on early on Thursday, giving up the previous session's modest gains as investors opted to pocket small profits as trade war noises continued and short-term technical targets came into ...
moreJOHANNESBURG, March 14 (Reuters) - South Africa's rand was firmer on Wednesday as emerging market currencies benefited from renewed demand for riskier assets after the sudden dismissal of U.S.
more“We expect a moderate rand depreciation trend in the coming months”. In fixed income, the yield for the benchmark government bond due in 2026 rose 3 basis points to 8.095 percent, reflecting weaker bond prices.
more| 09 Mar 2018 09:36 | Reuters Africa |
“Slower wage growth drove the rand sharply higher initially.” Botha said local traders also took mixed messages from the imposition of the U.S.
moreSouth Africa's new president calls the current optimism experienced in the country as “a new dawn.” It's a sentiment the country's volatile currency seems to have embraced, pushing below 12 rand to $1 when Cyril Ramaphosa took over the ruling party ...
moreStats SA is updating the weights it uses to calculate PPI in Wednesday's report‚ making it difficult to forecast. The South African Revenue Services (SARS) will publish January's trade balance figures at 2pm‚ which are expected to show the first ...
more| 28 Feb 2018 01:30 | Grocott's Mail Online |
Currently we find that the South African Rand is strengthening against foreign currencies, however what does it mean to consumers?
more| 27 Feb 2018 06:56 | Pound Sterling Live |
South Africa's Rand was seen lower against its rivals mid-week, with the Pound-to-Rand exchange rate quoted at 16.30 having opened the week having been as low as 15.98 alread this month.
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