Moody's, the only major agency with an investment grade rating on South African debt but with a downgrade review, is scheduled to make a decision by March 23.
moreSINGAPORE (Reuters) - South Africa's rand slipped against the dollar in early Asian trade on Tuesday on reports the African National Congress party executive committee had decided to “recall” or remove President Jacob Zuma as head of state ...
moreGupta-linked bank the Bank of Baroda has notified the Office of the Registrar of Banks of its exit from South Africa. The South African Reserve Bank (SARB) said in a statement on Monday its registrar is in discussions with the Bank of Baroda to ensure ...
more| 26 Jan 2018 10:07 | Kitco News |
JOHANNESBURG, Jan 29 (Reuters) - South Africa's rand softened against the dollar early on Monday, but stayed below the psychological 12 rand per dollar breached last week as expectations of economic reforms boosted sentiment towards local assets.
more| 21 Jul 2017 01:20 | Pound Sterling Live |
The South African Reserve Bank (SARB) cut interest rates by 0.25% at their rate meeting on Thursday, shaving the base lending rate from 7.0% to 6.75%.
more| 26 Jun 2017 10:56 | Reuters UK |
JOHANNESBURG South Africa's rand gained on Monday for a third straight session as fading expectations that the U.S. Federal Reserve will hike interest rates again this year kept investors keen on emerging market currencies.
more| 08 Jun 2017 04:56 | The South African |
The strengthening bias of the ZAR was evident at the end of 2016 and seems to have continued into 2017, despite sharp sell-offs following the firing of former Finance Minister Pravin Gordhan.
more| 12 May 2017 22:00 | Financial Times |
According to JPMorgan, the rand looks unattractive “given the significant and varied likely political noise in the months ahead”.
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