As the rand hovers around R18 to the dollar, experts predict a potential drop to R17. 75, driven by upcoming National Budget announcements. After starting the day at R18. 01 to the dollar, the South ...
This comes as the domestic currency is ending the year on a high note as it surged to its highest in three years this week, strengthening to R16.71 against the US dollar, the highest since mid-August ...
TreasuryONE's Andre Cilliers looks at what is driving the currency's gains, and the rand's short-term outlook.
The South African rand slipped against a stronger dollar in holiday-thinned trade on Friday, but analysts said it could soon ...
JOHANNESBURG, July 5 (Reuters) - South Africa's rand extended its gains against a weaker dollar on Friday, fuelled by expectations that the Federal Reserve will cut interest rates later this year. At ...
The rand remained below R16.90 to the US dollar on Friday, boosted by upbeat global risk sentiment and a weaker greenback ...
JOHANNESBURG, May 31 (Reuters) - The South African rand weakened on Wednesday to circle near a record low hit in the previous session, pressured by a strengthening U.S. dollar and tepid local investor ...
JOHANNESBURG, April 12 (Reuters) - South Africa's rand firmed in early trade on Wednesday, as the dollar weakened ahead of U.S. inflation data. At 0653 GMT, the rand ZAR=D3 traded at 18.3675 against ...