The South African Rand is a notable laggard on global foreign exchange markets at the start of the new week, with the currency being weighed down by global risks in the form of the Coronavirus outb…
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The Rand recovered from a 2020 low Tuesday but is vulnerable to fresh losses in the days ahead given weakness in China's Renminbi resulting from fears over the coronavirus that's spreading there, a…
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The Rand ceded ground to a weakening Dollar and recovering Pound Thursday after the South African Reserve Bank (SARB) surprised markets by cutting both its benchmark interest rate as well as econom…
Read more … → The Pound-to-Rand rate is vulnerable to losses if the Bank of England (BoE) interest rate outlook continues to sour, according to Rand Merchant Bank (RMB), even though South Africa's currency…
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The Rand was left badly bruised after being pilloried late Friday when President Cyril Ramaphosa accepted the surprise resignation of Eskom Chairman Jabu Mabuza, prompting a knee-jerk dive lower by…
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The Rand sat out an emerging market rebound Thursday and could hit a record low in 2020 if Moody's goes ahead with a rating downgrade, according to one influential economist who's also to…
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The Rand steadied on Monday after an Iran-related sell-off brought an end to a weeks-long period of gains late last week although South Africa is now facing a three-quarter-long recession, accordin…
Read more … →The Rand advanced to a five-month high against the Dollar Friday amid speculation that a deal to end the U.S.-China trade war could be announced ahead of the weekend, although it met resistance fro…
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The Rand was buoyant Wednesday amid steady Dollar exchange rates and after President Cyril Ramaphosa revealed that "sabotage" was behind the recent load-shedding at Eskom that brought some par…
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