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Rand

51 stories Newest first
8 Apr 2025 · 16:47 Economies
Rand Edges Up Amid Market Turmoil Over Trade Tensions

The South African rand regained some ground on Tuesday morning after plunging to a two-year low the previous day, amid growing fears of a global recession triggered by…

by Staff Writer
1 Feb 2023 · 18:46 Townpress Business
Fed rate decision has little effect on the Rand

JOHANNESBURG - The South African rand saw a slight change in the early trade on Wednesday as investors awaited the U.S. Federal Reserve's rate decision, which could signal…

by Staff Writer
19 Sep 2022 · 02:05 Community
Rand slips as strong dollar, power cuts weigh

JOHANNESBURG - The South African rand lost ground on Monday, bruised by a strong dollar and lengthy power cuts by state-owned utility Eskom.

by Staff Writer
17 Mar 2022 · 08:39 Community
South Africa’s rand firm, focus on Fed meeting

JOHANNESBURG - South Africa's rand firmed slightly on Tuesday, as the market's attention turned to this week's U.S. Federal Reserve meeting where an interest rate hike is expected.

by Staff Writer
14 Jul 2021 · 00:23 Community
Analysis: Unrest gives markets a reality check

PRETORIA - The rand tumbled as much as 3.4% this month and hit a more than three-month low, stocks of property firms and retailers dropped as much as…

by Staff Writer
20 Apr 2020 · 13:01 General
Rand continues to weaken

The rand has weakened by 1% on Monday, trading at R18,93 to the dollar in mid-morning trade on the JSE.

by Staff Writer
26 Oct 2019 · 15:05 Community
Rand firmer as investors await week’s budget

JOHANNESBURG - South Africa’s rand firmed against the dollar on Friday, taking advantage of buying interest from traders eyeing Finance Minister Tito Mboweni’s medium-term budget speech and a…

by Staff Writer
18 Jun 2019 · 11:48 General
Rand unchanged against the US dollar

The rand is unchanged against the greenback, with investors looking ahead to Wednesday’s release of local consumer price figures and the United States decision on interest rates.

by Staff Writer
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