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Currency News

UPDATE 1-South Africa's rand retreats from 2 1/2-year high; stocks flat

19 Jan 2018 09:56Kitco News
JOHANNESBURG, Jan 19 (Reuters) - South Africa's rand retreated from a two-and-a-half year high on Friday as a rally driven by a weaker dollar and optimism about the prospects for change under the new leader of the ruling African National Congress (ANC ... more

South African Rand Forecast to Struggle in 2018 say ING, Forecasts Show Pound ...

05 Dec 2017 09:43Pound Sterling Live
South Africa's Rand could see another tough year in 2018 argue analysts at global investment bank ING Group who eye unpredictable domestic politics and fiscal challenges preventing a meaningful recovery after a tough 2017. more

UPDATE 1-South Africa's rand climbs off 6-month low, stocks rise

04 Oct 2017 11:41Reuters
JOHANNESBURG, Oct 4 (Reuters) - South Africa's rand firmed on Wednesday, regaining ground after tumbling to its weakest in six months as the weaker dollar overshadowed data showing shrinking private sector activity at home. more

WATCH: Zimbabwe to ditch US$ for the Rand?

04 Oct 2017 09:54Bulawayo24 News (blog)
Mangudya says there's no guarantee that won't happen to the rand. "What guarantee do we have that if we adopt it as our major currency it won't suffer the same fate of externalisation and hoarding? more

Rand pulls back as trade surplus fails to offset downgrade fears

01 Aug 2017 02:07Moneyweb.co.za
JOHANNESBURG - South Africa's rand inched lower early on Tuesday as a bigger than expected trade surplus for June and a dip by the dollar failed to offset the impact of a warning by Moody's about political interference in the country's economic policy. more

South Africa's rand firms, Naspers leads stocks down

04 Jul 2017 11:18Nasdaq
Rand firms amid low volumes from U.S holiday * Stocks fall led by Naspers (Updates figures, adds details, fresh quotes) JOHANNESBURG, July 4 (Reuters) - South Africa's rand firmed slightly on Tuesday as the July 4 holiday in the United States ... more

Read: Rand starts slipping as investors lose interest in emerging markets

04 Jul 2017 07:22The South African
... developed markets and the subsequent migration of foreign investors away from emerging markets. A further compounding effect is the ongoing policy conference conducted by the South Africa's ruling party. All eyes are on the African National ... more

South African rand, stocks firmer ahead of busy data week

26 Jun 2017 02:10Times of India
JOHANNESBURG, June 26 (Reuters) - South Africa's rand opened firmer on Monday and was seen in a tight range after gains last week with no domestic data due before Tuesday and no major political events ahead of the ruling ANC's policy conference ... more
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