The Rand exchange rate complex was boosted in early February as global oil prices formed a bottom to recent declines.
Read more … →The South African Reserve Bank (SARB) left the repo rate unchanged at 5.75% at their January meeting.
Read more … →Tactical currency strategists at Morgan Stanley have told clients they are sellers of the South African Rand.
Read more … →Despite the apparent recovery in the commodity prices the South African Rand (ZAR) has remained on the back foot, underperforming the Developed Market and Emerging Market majors.
Read more … →While the Rand exchange rate complex has started the new week off from a soft footing there may be brighter days ahead.
Read more … →The South African Rand exchange rate complex (ZAR) complex starts the week on a solid footing against the euro and US dollar, however losses are seen against a rebound pound sterling.
Read more … →The marginally weaker than expected US payrolls figure has brought some much needed relief to the rand.
Read more … →The uptrend in the British pound to South African Rand is forecast to resume by analysts at Bank of America Merrill Lynch Global Research.
Read more … →Our latest analysis of the GBP to ZAR exchange rate pairing confirms we could be stuck in a well-defined sideways move.
Read more … →