Rising gold prices and a falling U.S. Dollar have been two engines behind a recent appreciation in the value of the South African Rand, a trend that could still have further to run according to a l…
Read more … →
The Rand remained in retreat from post-March highs Friday after being turned away from them when a South African Reserve Bank (SARB) interest rate cut crushed local bond yields, and some analysts s…
Read more … →
The Rand advanced on the Dollar and Pound Friday, leaving it on course for a fourth consecutive week of gains over major currencies but the South African unit is close to topping out, according to …
Read more … →
The South African Rand's recovery against the Pound, Dollar and Euro can extend according to a market analyst we follow, with gains likely to come even as the country faces an increasingly difficul…
Read more … →
The South African Rand traded broadly higher at the start of the new week in tandem with the improved mood amongst the world's trading community which remains ultimately focussed on the global econ…
Read more … →
The Rand advanced on the Dollar, Pound and Euro Wednesday as many emerging market currencies drew a bid from investors even with stock markets and other risk assets on the back foot, although South…
Read more … →The South African Rand has appreciated in value of late, driven largely by improving global dynamics, however analysts at South African investment bank and commercial lender Investec say the domest…
Read more … →
The Rand was rebounding from earlier lows at the start of the new month as global risk appetite picked back up and after having gotten no help from better-than-expected GDP data, although Inve…
Read more … →
The Rand outperformed Thursday on stabilising risk appetite and as the South African currency caught up with the local bond market following Finance Minister Tito Mboweni's emergency budget, but an…
Read more … →