24 June 2020 The South African Rand Retreats from Recovering Dollar as Mboweni Shines Light on Path to Recovery

The Rand was retreating from a strengthening Dollar on Wednesday the warm reception initially given to Finance Minister Tito Mboweni's emergency budget was overcome by a tide of risk aversion as tr…

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23 June 2020 South African Rand Rides Risk Rally as Analysts Turn Cautious ahead of Wednesday's Budget 

The Rand was riding high in a supportive market for risk assets Tuesday but appetite for the South African currency may be tested on Wednesday when Finance Minister Tito Mboweni sets out the govern…

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18 June 2020 South African Rand Troubled by Resurgent Dollar after EM Rally "Built on Sand" 

The Rand crumbled Thursday as the Dollar was swept higher by risk aversion but it could have further to fall in the weeks ahead if strategists are right to say the rally in emerging markets is buil…

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17 June 2020 South African Rand Steadies as Investors Sweep Tensions, Virus Risks Under Carpet

The Rand advanced on the Dollar and Pound while outperforming most other rivals Wednesday as investors swept a growing schedule of risks under the carpet in apparent favour of what analysts call th…

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09 June 2020 South African Rand Forecasts Upgraded at Major Bank but Peak May Already Have Been Seen

The Rand wobbled alongside other risk currencies Tuesday while new, upgraded forecasts from Goldman Sachs suggest the South African unit may already have peaked after a three week rally against the…

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26 May 2020 South African Rand Can Hold Recent Gains, Analysts Say, as Investors Look Beyond Coronavirus 

The Rand extended its advance on the Dollar and Pound Tuesday as investors eyed the greener grass on the other side of the coronavirus pasture and analysts say the South African currency can h…

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21 May 2020 South African Rand Leaps 1.50% against Pound and Other Majors on SARB's Decision to Slash Interest Rates

A decisive cut to South African interest rates by the South African Reserve Bank has sparked a rally in the value of the South African Rand, as investors saw the move as ultimately being supportive…

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20 May 2020 South African Rand in Comeback from Brink as Volatility Ebbs but Further Upside is Limited

The Rand charged higher against the Dollar and Pound Wednesday as financial market volatility ebbed and investors remained in an upbeat mood but forecasts from ABN Amro and Commerzbank suggest the …

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15 May 2020 South African Rand Risks New Low against Dollar as Temperatures Rise between U.S. and China 

The Rand was wavering and at risk of falling to a new low against the Dollar Friday as tensions between the U.S. and China were ratcheted higher by brinksmanship between Washington and Beijing, whi…

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