29 September 2020 South African Rand Volatility Seen Picking Up but Further Gains Favoured by Analysts by Year-end 

The Rand continued its recovery off September lows on Tuesday and is still widely expected to clock up further gains before year-end although volatility could increase over the coming days as inves…

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23 September 2020 South African Rand Follows Chinese Yuan, Euro Lower as U.S. Dollar Rebound Continues 

The Rand crumbled alongside the Chinese Yuan and Euro on Wednesday as the nascent U.S. Dollar resurgence endured for a fourth day, with U.S.-China tensions being the source of the sell-off while th…

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22 September 2020 South African Rand in Comeback Mode as Forecasts Tell of Further “Significant” Gains Ahead

The Rand was in comeback mode Tuesday having outperformed major developed and emerging market rivals but the South African currency has significant scope to advance further in the months ahead, acc…

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18 September 2020 South African Rand Rally Interrupted by USD/CNH Bump in Reminder of U.S. Election Stakes

The Rand snapped a five-day winning streak Friday after the Department of Commerce pulled the rug out from under the feet of two social media firms and in the process, the Chinese Yuan, causing ris…

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17 September 2020 South African Rand Looks to March Highs after SARB Eschews Rate Cut

The Rand shone Thursday after the South African Reserve Bank (SARB) eschewed what would’ve been its fifth rate cut this year despite a darkening economic outlook that forced a downgrade of the bank…

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15 September 2020 South African Rand Seen Rising Further by Month-end but Thursday's SARB Decision a Banana Skin

The Rand charged higher alongside the Chinese Yuan and international stock markets on Tuesday but may rise even further before month-end, according to new research from Investec, although Thursday'…

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10 September 2020 South African Rand Forecasts Upgraded but Debt and Infrastructure Still Mar Outlook

The Rand softened on Thursday but newly upgraded forecasts from Commerzbank suggest it can hold on near to its current one-month highs through year-end, although crumbling infrastructure and long e…

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08 September 2020 South African Rand Drops on Crash in GDP and Falling Global Stock Markets

The South African Rand was left reeling by news the economy shrank by more than markets were expecting, while a rout of global stock and commodity markets gave investors further reason to sell.

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07 September 2020 South African Rand: Green Shoots of Economic Recovery Could Allow Further Gains says Investec

The South African Rand is forecast to extend its multi-week recovery into the the end of the year according to South African lender Investec, with gains driven by an ongoing recovery in the global …

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