The outlook for the South African economy has deteriorated to the extent that up to 50% of the working population could find itself unemployed and 54% of businesses might no longer exist by year-en…
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The Rand was furthering a fortnight-long recovery on Tuesday and closing in on two-month highs as a result although gains have left it vulnerable to any sudden comeback by the Dollar or reality che…
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The Rand was on the back foot Wednesday after ceding ground to the Dollar and Pound although global factors are tipped by one major bank to remain in the driving seat for the time being while the S…
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The Rand was swooning in the eye of a multifaceted storm Friday as the focus in Cape Town shifts from containing the coronavirus to coveting redemption for a long-suffering economy, although analys…
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The Rand swept higher against Pound, Dollar and most emerging market currencies Tuesday just days ahead of South Africa's exclusion from the FTSE World Government Bond Index, an event that could cu…
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The Rand advanced strongly on the Dollar and Pound Friday after President Cyril Ramaphosa offered hope in the form of a plan to ease the economic 'lockdown,' but the coronavirus is still advancing …
Read more … →The Rand steadied near historic lows Wednesday as investors celebrated a fiscal suuport package worth a double-digit share of GDP amid more supportive global weather conditions, but the currency co…
Read more … →One of South Africa's leading investment banks sees the Rand remaining weak over a two-year horizon, suggesting the impact of domestic economic underperformance relative to global peers and the cov…
Read more … →The Pound-to-Rand exchange rate remains engaged in a solid trend of appreciation, however we note that a substantial area of resistance on the exchange rate's charts could pose some near-term headw…
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