19 February 2020 Why the South African Rand Could Rally Following Budget 2020

The Rand advanced against the Pound and Dollar Wednesday as investors chased risk assets with a renewed zeal but the South African currency could see further gains into month-end, according to Cred…

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17 February 2020 South African Rand Hit by Moody's Downgrade to Economic Forecasts

The South African Rand came under selling pressure on Monday after ratings agency Moody's announced it had cut its forecasts for South African economic growth in 2020, leading to heightened specula…

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14 February 2020 South African Rand Risks Fresh Depreciation Despite SONA's Positives

The Rand gained on the Pound and Dollar Friday as risk assets rallied toward the weekend although some analysts are warning of a renewed depreciation over the coming weeks as the end-February annua…

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12 February 2020 The Pound-to-Rand Rate Looks for Thursday's SONA to Avert Fresh Losses

The Pound-to-Rand rate steadied on Wednesday and is now looking to 2020's state-of-the-nation (SONA) address from President Cyril Ramaphosa to avert what risks becoming a third consecutive wee…

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11 February 2020 Rand Soars as Risk Appetite Recovers but Upside Is Limited From Here, Analysts Say

The Rand soared higher against the Pound and Dollar Tuesday as investors chased risk assets the world over amid a more upbeat mood in global markets although analysts say that gains could be limite…

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04 February 2020 South African Rand Tracks Chinese Yuan Higher but Growth and Rating Risks are Rising

The Rand outperformed almost all of its rivals Tuesday as China's Yuan bounced off of Monday's lows amid a recovery of investor risk appetite that could lift the South African currency further over…

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03 February 2020 South African Rand Outperforms Amidst Fading Coronavirus Fears, Ratings Downgrade to Limit Upside

The South African Rand is recording gains at the start of the new week as global markets bet that the coronavirus outbreak is close to peaking, however an analyst at South African lender Investec s…

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31 January 2020 South African Rand Has Further to Fall on Eskom Woes and Toxic Global Environment

The Rand was walloped on Friday by a toxic mix of domestic concerns about Eskom and international fears over the rapidly spreading coronavirus from China, although neither ailment is likely to ease…

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28 January 2020 South African Rand to "Trade Rather Nervously" into Feb. 26 Budget: JP Morgan

The South African Rand is likely to remain soft heading into the key February 26 budget, as the Government's tax and spend plans for 2020-2021 could well determine how ratings agencies adjust their…

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