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…
Read more … →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…
Read more … →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…
Read more … →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…
Read more … →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…
Read more … →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…
Read more … →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…
Read more … →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…
Read more … →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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