Tag: rand
Rand steadies after cabinet announcement
The rand was steady against the dollar on Thursday morning, gradually recovering after hitting a seven-month low on Wednesday.
Uncertainty in the global environment due...
Rand falls as election jitters, Trade fears grow
The rand weakened on Monday amid jitters over upcoming elections and worries over a trade war between the United States and China, curbing last week’s demand...
Rand on the front foot in early trade
Since advancing to a more than one-month best at the end of March after Moody’s declined to issue a credit review, the rand has...
Rand softens ahead of SA Reserve Bank rate decision
The rand weakened against the dollar on Thursday morning ahead of the South African Reserve Bank (SARB) rate decision later in the day.
At lunchtime...
What to look out for in the budget today with the rand in limbo
Rand volatility is expected on Wednesday as finance minister Tito Mboweni makes his final preparations for the 2019 budget speech.
The local unit traded just...
7 things you need to know today
1. Business confidence eases as more realistic outlook prevails
Business sentiment weakened in January, with executives painting a more realistic outlook compared with the euphoria...
A stronger rand in February? The data suggests so
As if January’s potential record gain isn’t enough, the rand may be in for a positive February as well if history is any guide.
Seasonal...
7 things you need to know today
This is all the latest business news that you need to know today:
1. Steinhoff woes continue to pile up in Europe
Troubled retailer Steinhoff International’s...
October is high-risk month for rand’s recovery
Emerging markets are rebounding from the second-quarter horror show, but for South Africa’s rand October still holds large risks.
Two events, in particular,...
Rand slips 3% as SA edges towards recession
The rand fell as much as 3% against the US dollar on Wednesday, buffeted by a spate of bad domestic news, as global investors...
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