Monday, 01 June 2020


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Recent News
  • South Africa's rand pauses rally with key pressures on the horizon

    19:45 | 3/1/18
    JOHANNESBURG, Jan 3 (Reuters) - South Africa's rand weakened slightly on Wednesday as the dollar steadied and investors took profits, seeking out defensive positions with key technical levels approaching ahead of jobs data in the United States. more»
  • The Rand makes a comeback against all major pairs as Mugabe falls

    21:26 | 22/11/17
    The South African (blog)
    As usual, it's a volatile time for the South African Rand. Last week there were movements of more than 50 cents against all major pairs. more»
  • South Africa's rand weakens as downgrades fears weigh

    20:18 | 21/11/17
    JOHANNESBURG, Nov 21 (Reuters) - South Africa's rand fell against the dollar early on Tuesday as investors nervously await to see whether ratings agencies will cut South Africa's rand-denominated debt to junk status on Friday. At 0700 GMT, the rand ... more»
  • South Africa's rand firms as dollar retreats ahead of US tax bill

    19:45 | 2/11/17
    Reuters Africa
    “The talk overnight that Governor Jerome Powell had been informed that President Trump will formally nominate him today as the next Fed chief generated very sharp gains in high-yield currencies,” said Rand Merchant Bank analyst John Cairns. He added: ... more»
  • South African rand, bonds extend losses on budget shock

    05:41 | 27/10/17
    JOHANNESBURG, Oct 26 (Reuters) - South Africa's rand and government bonds remained under pressure on Thursday in a second day of heavy losses sparked by a bleak budget outlined by Finance Minister Malusi Gigaba on Wednesday that raised the ... more»
  • Rand jumps on Zuma court ruling

    22:33 | 13/10/17
    The South African rand jumped to two-week highs on Friday after a court ruling that upheld reinstating corruption charges against unpopular President Jacob Zuma, while the rally on broader emerging markets continued. more»
  • Rand to firm in coming months despite challenges

    23:44 | 6/10/17
    South Africa's rand is expected to trade slightly firmer towards the end of the year after weakening last week on the prospect of a December interest rate hike by the United States Federal Reserve, a Reuters poll found. more»
  • South Africa's rand takes a beating on US rate hike talk

    00:26 | 28/9/17
    JOHANNESBURG, Sept 27 (Reuters) - South Africa's rand tumbled to its weakest in seven weeks, bond prices hit a one-month trough and gold stocks caved as a hawkish speech by the chief of the U.S. more»
  • Beating South African Turmoil Means Taking Longer View, PSG Says

    23:18 | 27/9/17
    Instead of assuming the worst and piling into stocks that fare well when South Africa's rand weakens, or adding holdings in banks in the conviction a market-friendly candidate will win the African National Congress's top job, PSG Asset Management says ... more»
  • South Africa's rand clings on to gains despite downgrade fallout

    18:56 | 14/6/17
    Africa Middle East
    JOHANNESBURG (Reuters) - South Africa's rand edged firmer on Wednesday, clinging on to recent gains despite continued fallout triggered by a Moody's ratings downgrade last week and an anticipated interest rate hike by the U.S. more»
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