South Africa’s rand opened half a percent lower on Monday as demand for emerging market currencies weakened, with investors buying dollars on expectations the Federal Reserve will keep…
by Staff WriterSouth Africa’s rand slumped on Wednesday as ratings agency Moody’s warned that the pace of fiscal consolidation in Africa’s most industrialised economy had slowed.
by Staff WriterSouth Africa’s rand plunged more than 10% to a 2-year low against the dollar early on Monday and government bonds weakened sharply as a renewed rout in the…
by Staff WriterSouth African consumers may be facing tough times ahead as the weaker Rand dampens hopes for a fuel price decrease. Analysts say despite stability in the price of…
by Staff WriterThe rand continues to weaken against a basket of major currencies in Asian trade and has weakened by four percent, or 70 cents, against the dollar compared with…
by Staff WriterSouth Africa will find it harder to raise funds and service its foreign debt after a worsening of external financing conditions in recent months due to a fall…
by Staff WriterSouth Africa’s rand fell to 6-1/2 month lows early on Tuesday as U.S. President Donald Trump threatened new tariffs in an escalating tit-for-tat trade war with China, hitting…
by Staff WriterPRETORIA - South Africa’s currency firmed to back below the crucial 12 rand per dollar mark on Monday, with some traders anticipating the unit would reverse a run…
by Staff WriterSouth Africa’s rand is expected to hold onto most of this year’s gains against the dollar, supported by improving domestic economic growth, as long as the U.S.-China tariff…
by Staff WriterPRETORIA (Reuters) - South Africa’s rand weakened against the dollar early on Wednesday as U.S.-China trade tensions sparked market fears that the standoff between the world’s two largest…
by Staff WriterSo we can hire more journalists to join the network and share stories to reach more people. We are counting on you.
