09 Mar 2018 06:56 | Euro Exchange Rate News |
The Euro South African Rand (EUR/ZAR) exchange rate fell on Friday as markets reacted to European Central Bank (ECB) President Mario Draghi downplaying the significance of the bank removing their easing bias from the March statement.
moreSouth Africa is holding on to its only remaining investment credit rating from Moody's, which is widely expected to use the contents of the budget to decide its next move.
more25 Jan 2018 12:12 | Eyewitness News |
JOHANNESBURG - South African assets were little changed on Thursday, with the rand strengthening slightly as the leader of the ruling African National Congress talked up the prospects for foreign investment at the World Economic Forum in Davos. At 1606 ...
more19 Jan 2018 01:30 | Kitco News |
JOHANNESBURG, Jan 19 (Reuters) - South Africa's rand scaled a fresh 2-1/2 year high against a broadly fragile dollar on Friday before easing after the central bank held interest rates steady on Thursday.
moreJOHANNESBURG, Oct 18 (Reuters) - South Africa's rand slipped to a one-week low against the dollar on Wednesday, hurt by a combination of a firmer dollar, higher-than-expected inflation print and negative sentiment spurred by recent cabinet changes.
more12 Oct 2017 05:30 | Pound Sterling Live |
Speculators should stay short the Rand, according to strategists at Bank of America Merrill Lynch, as mounting fiscal pressures are likely to mean South Africa loses its investment grade credit rating some time in the New Year. Good progress to date in ...
more12 Oct 2017 02:07 | Reuters Africa |
JOHANNESBURG (Reuters) - South Africa's rand was firmer early on Thursday, extending a rally to its best level in nearly two weeks against the dollar with sentiment over economic growth soothed by recent data helping to boost demand for the currency.
more04 Sep 2017 06:41 | Pound Sterling Live |
The Pound to Rand exchange rate (GBP/ZAR) has been falling for most of August but our studies suggest the August downtrend is looking tired now and we see an increasing chance that the decline might fade and reverse.
more