South Africa’s final-quarter economic performance was at risk Tuesday after load-shedding at troubled power utility Eskom shuttered the country’s mines, prompting a sharp fall in the Rand, which is…
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The Rand sank on Tuesday after official data revealed a larger-than-expected contraction in the economy for the third-quarter, which landed on the newswires just as markets were again becoming unea…
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There is a solid level of support for GBP/ZAR to be found at 18.80, the pair has tested this level on two occasions since early November, and on both occasions it bounced higher.
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The Rand wobbled in a risk-on market Thursday after the ailing electricity mononoly Eskom said it will remain reliant on government financial support next year because it has barely more than half …
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The Rand was scraping the bottom of a proverbial barrel on Tuesday as investors bought the Dollar while also responding to another decline in the South African Reserve Bank (SARB) leading indicator…
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The Rand extended earlier gains over the Dollar and Pound Thursday after the South African Reserve Bank (SARB) signalled steady interest rates until this time next year, prompting an upturn in gove…
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The Rand advanced against major currencies Tuesday amid a supportive environment for risk assets and after Eskom named a new chief executive, but the appointment is no game-changer and the U.S.-Chi…
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The Rand swept higher across the board Thursday in response to international developments but local analysts have said the South African currency is not out of the proverbial woods yet because…
Read more … →The Rand softened in the opening session of the new week after President Donald Trump cast doubt over the prospects of a trade deal being reached with China over the coming weeks, although the Sout…
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