The Rand was on the back foot again Thursday ahead of a South African Reserve Bank (SARB) interest rate decision that's expected to see the cash rate cut by a large 50 basis points, and some analys…
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The Rand suffered heavy losses Wednesday and already hit a new record low against the Dollar, according to some data vendors, as the exodus of capital from emerging market economies continued altho…
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The Rand steadied near to multi-year lows against the Pound and Dollar Tuesday as hopes of a global fiscal stimulus appeared to mount, but increased government spending in the world’s major economi…
Read more … →The Rand crumbled again Friday, enabling the Pound-to-Rand rate to hit a new post-referendum high after establishing itself comfortably above the 20.0 handle, as risk markets went into meltdown mod…
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One of the world's worst performing currency of the past month has been the South African Rand, and a potential series of interest rate cuts at the South African Reserve Bank could ensure that down…
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South Africa's Rand rose across the board Wednesday, helping reverse almost all of last week's increase in the Pound-to-Rand rate while weakness in the British currency also weighed on the exchange…
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The Rand fell to its lowest level against the Pound since the Brexit referendum on Friday and hit multi-year lows against the Dollar on a toxic combination of coronavirus and credit rating concerns…
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South Africa's Rand swept higher on Wednesday after reversing earlier losses in response to Finance Minister Tito Mboweni's eagerly-awaited budget, which appears to have been warmly received invest…
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The Rand is the emerging world’s worst performing currency of 2020 but the going could get tougher in the week ahead if South Africa’s 2020 budget is poorly received by the market on Wednesday.&nbs…
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