The Pound to South African rand exchange rate rallied further off its year-to-date lows to open the new week and the authorโs model suggests it could be likely to remain buoyant above 23.50 in the โฆ
Read more … →One of the world's biggest investment banks says it is constructive on the South African Rand's prospects.
Read more … →The South African Rand has further appreciation potential as the country's new political settlement is yet to be fully discounted.
Read more … →Bank of America says the Rand could be overvalued to the tune of 4% as the supportive news from the recent elections and agreement of a Government of National Unity (GNU) has run its course.
Read more … →The South African Rand has rallied as it sheds its political risk premium on the orderly establishment of a multi-party government following recent elections.
Read more … →News that the ANC has chosen the centre ground by agreeing to work with the DA to form the next government has boosted the Rand, and further gains are likely.
Read more … →The prospect of radical left-wing parties forming a ruling coalition in South Africa has spooked the Rand, and analysts warn of further losses.
Read more … →The South African Rand rose on Monday, with investors hoping the ANC and DA were positioning to form an alliance to govern the country.
Read more … →South Africa's ruling ANC party was expected to lose its majority, but the ongoing vote count suggests it has done worse than expected.
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