South African Rand Faces Month-end Reckoning but Could Find Salvation …
The Rand has recovered handsomely this week but faces a reckoning with a month-end exclusion...
South African Rand's Relentless Decline Extends in Wake of Fitch Downg…
The South African Rand shed further purchasing power at the start of the new week...
South African Rand Steadies as Global Mood Improves but Recovery May a…
The South African Rand has stabilised this week after Friday's credit rating downgrade from Moody's...
South African Rand Vulnerable to More Losses after Moody's Downgrade
The Rand suffered heavy losses ahead of the weekend but it could be buffeted by...
South African Rand: Moody's Downgrade in the Price
The South African Rand could be relatively immune to a downgrade from Moody's later on...
South African Rand Can Weather a Moody's Downgrade On Friday, Major Bank Says
The Rand was buffeted again on Thursday amid fresh volatility in risk markets, enabling the Pound-to-Rand rate to climb above a key level on the charts, ahead of Moody's latest…
South African Rand Forecast to Languish Near Historic Lows for Months amid SA Lockdown
The Rand is now forecast to languish near record lows until at least mid-year, according to new downgraded projections from Commerzbank, as South Africans grapple with a coronavirus-induced lockdown, credit…
South African Rand Forecast to Remain Under Pressure Following SARB Rate Cut
The Rand was on the back foot again Thursday ahead of a South African Reserve Bank (SARB) interest rate decision that's expected to see the cash rate cut by a…
South African Rand Eyes New Record Low as Emerging Market Exodus Continues
The Rand suffered heavy losses Wednesday and already hit a new record low against the Dollar, according to some data vendors, as the exodus of capital from emerging market economies…
South African Rand Loiters Near Multi-year Lows and Risks More Losses
The Rand steadied near to multi-year lows against the Pound and Dollar Tuesday as hopes of a global fiscal stimulus appeared to mount, but increased government spending in the world’s…
South African Rand Crumbles as Coronavirus Concerns Dominate Ahead of Weekend
The Rand crumbled again Friday, enabling the Pound-to-Rand rate to hit a new post-referendum high after establishing itself comfortably above the 20.0 handle, as risk markets went into meltdown mode…
South African Rand: SARB to Cut Interest Rates Twice say Standard Bank
One of the world's worst performing currency of the past month has been the South African Rand, and a potential series of interest rate cuts at the South African Reserve…
South African Rand Recovers with Sentiment but Forecasts at Risk after Growth Disappointment
South Africa's Rand rose across the board Wednesday, helping reverse almost all of last week's increase in the Pound-to-Rand rate while weakness in the British currency also weighed on the…
The South African Rand: Troubled as Moody's Remarks On Budget and Coronavirus Threat Grows
The Rand fell to its lowest level against the Pound since the Brexit referendum on Friday and hit multi-year lows against the Dollar on a toxic combination of coronavirus and…
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