(Updates with latest prices). JOHANNESBURG, April 26 (Reuters) - South Africa's rand stabilised on Thursday after a torrid week which saw the currency set several new three-month lows against the dollar, while stocks rose thanks to gains for firms ...
more26 Apr 2018 09:48 | Pound Sterling Live |
We expect bond and equity inflows to keep ZAR supported," says Ellie Heatherill, an FX strategist at Morgan Stanley. Heatherill and the Morgan Stanley FX team forecast a continued but steady appreciation for the South African Rand throughout this year ...
moreCape Town - The rand may have "run a little hard" in briefly falling below R12.50/$ on Wednesday, according to Andre Botha of TreasuryONE.
more25 Apr 2018 13:33 | Eyewitness News |
JOHANNESBURG - South Africa's rand tumbled to its weakest in more than the three months and bonds also fell, as a rally in the dollar and United States (US) Treasuries battered emerging currencies and stocks on Wednesday.
moreThe bullish breakout is supported by a bullish crossover of the 20 and 50 day simple moving averages which also suggest a renewed uptrend in the short to medium term.
more24 Apr 2018 06:15 | BusinessTech |
As part of the AfrAsia Bank South Africa Wealth Report 2018, New World Wealth has looked at where South Africa stands in the global wealth picture.
more24 Apr 2018 05:18 | The South African |
Further, the South African Reserve Bank ended its laughably short easing cycle, leading some analysts to expect higher future interest rates in South Africa. If local economic data, such as gauges of inflation, support these expectations, then a higher ...
moreOn the bourse, the benchmark Top-40 index gained 0.48 percent to 50,121 points while the All-Share index rose 0.3 percent to 56,733 points.
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