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    Nov, 21
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Currency News

UPDATE 1-South African rand steadies amid dollar strength, stocks rise

04 May 2018 10:33Reuters
(Updates rand, bonds, stocks levels). JOHANNESBURG, May 4 (Reuters) - South Africa's rand steadied against the dollar on Friday, failing to build on gains in the previous session, while stocks rose as bourse heavyweight Naspers recovered ground. more

Rand retreats ahead of US jobs data

04 May 2018 03:37Eyewitness News
JOHANNESBURG - South Africa's rand weakened early on Friday as the dollar continued to put pressure on emerging currencies globally ahead of closely watched US employment data. more

South Africa's rand slumps as faltering rally revives 12/$ spectre

15 Mar 2018 12:03Reuters Africa
Cement maker PPC was down 6.59 percent to 7.23 rand after it announced on Thursday a 2.1 billion rand ($177.44 million) black empowerment top-up scheme that will give employees a 10 percent shareholding in the South African business. “BEE (black ... more

#RandReport: Rand stumbles to 2-week low as Fed jitters kick-in

01 Mar 2018 11:37Eyewitness News
JOHANNESBURG - South Africa's rand slipped to its lowest in two weeks on Thursday, succumbing to month-end demand for dollars by local firms as the increasing chance of higher interest rates in the United States lured bulls back into long-dollar ... more

South Africa rejoices but stronger Rand affects grape export income

15 Feb 2018 07:41FreshPlaza
In the Far East, South African grapes experience competition from Australian grapes which are highly regarded and, again, the South African Rand is less competitive than the Australian Dollar in a dollar market. Traders say competition is stiffer than ... more

More Strength for South African Rand as Zuma Quits

15 Feb 2018 04:07DailyFX
... - The South African Rand reached its highest level against the US Dollar for nearly three years Thursday. - That follows a surprise decision by President Jacob Zuma to resign ahead of a planned Parliamentary vote of no confidence in him. more

South African rand gains on Ramaphosa win, stocks flat

21 Dec 2017 06:45Yahoo News
JOHANNESBURG (Reuters) - South Africa's rand rose on Wednesday, buoyed by as positive sentiment from the election of ruling party leader Cyril Ramaphosa. more

UPDATE 1-South Africa's rand rallies 2 percent as ANC set to pick new leader

15 Dec 2017 10:52Reuters
Courts ruled that senior officials in two provinces seen as supporting ANC presidential candidate Nkosazana Dlamini-Zuma had been illegally elected and could not attend the conference. more
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