Tag: rand
Why the strong rand isn’t actually best for South Africa
The South African rand was slightly weaker against the US dollar on Friday morning (2 February), trading around R12 to the dollar following the...
Here’s how much the rand is expected to fall after a major two week...
The rand fell, after clocking up its longest weekly winning run since 2010, as analysts at Rabobank and JPMorgan Chase & Co said the...
Rand investors increase bets South Africa’s Ramaphosa will replace Zuma
Investors are using the forward options market to increase bets that South Africa’s Deputy President Cyril Ramaphosa will win the race to become the...
Bitcoin is more valuable than the rand: developer
A lead engineer at blockchain security company, BitGo, says that cryptocurrency Bitcoin, is currently ranked 32nd most valuable currency globally, ahead of the rand.
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Rand will rebound against dollar by end of 2017 – analysts
Analysts at Rand Merchant Bank and ING Groep predict that the rand, the second-worst emerging-market performer in the past month, will rebound against the...
South Africa’s rand recovers after hitting 6-month low
South Africa’s rand firmed against the dollar early on Tuesday, recovering from a six-month low hit in the previous session as emerging market currencies...
JSE rallies to record high, rand recovers
Despite a week of uncertain geopolitical tensions in the US and serious Brexit negotiations, share prices on the JSE had one of its biggest...
Rand unlikely to weaken further on rate cuts
Although the rand briefly weakened on the back of the surprise interest rate cut  last week, it does not mean the currency will persistently...
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