Rand Sud Africano

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Rand Sinks as a Downbeat Moody's, Naspers Spur a Perfect Storm - Bloomberg

A drop in prices of the commodities that South Africa depends on for export revenue, and concerns about the government's plan to seize land for redistribution also weighed on the rand at a time when Turkey's woes are damping investor demand for ... Leggi

South Africa's Rand Falls to 2-Year Low As Turkey Rout Spreads - Voice of America

South Africa's rand plunged more than 10 percent to a 2-year low against the dollar early on Monday and government bonds weakened sharply as a renewed rout in the Turkish lira spread to other emerging markets. The rand, which later recovered to trade ... Leggi

Rand nosedives as South Africa flirts with recession - 702

The rand weakened by 3% against the US dollar on Wednesday, hammered by a sequence of bad news. June retail sales growth came in at 0.7%, much worse than the 2.2% the market expected. The only key industry in South Africa to post any growth was ... Leggi

For Once, Turkey's Not to Blame for South African Rand's Slump - Bloomberg

Note that Moody's has been the most constructive on South Africa, keeping it investment grade even as it was cut to junk by S&P and Fitch”; “If you discount the flash crash in the rand on Monday, USD/ZAR is making new highs for this move. Break of 15 ... Leggi

South African rand surrenders gains as economy concerns weigh - Nasdaq

JOHANNESBURG, Aug 16 (Reuters) - South Africa's rand surrendered its earlier gains in late trade on Thursday due to lingering concerns over the economy, while a rebound in market heavyweight Naspers brought some relief on the bourse. The rand had ... Leggi

South Africa: Rand Rout Threatens Fuel Price Stability, Warns AA - AllAfrica.com

Substantial rand weakness could undo recent fuel price stability, the Automobile Association (AA) warned on Wednesday. It was commenting on unaudited mid-month fuel price data released by the Central Energy Fund (CEF). "Almost two months of modestly ... Leggi

South African Rand Feels Pain From Turkey Turmoil - Bloomberg

Emerging market currencies are feeling the pain from Turkey's meltdown. South Africa's rand plunged the most in almost a decade and the Mexican peso slumped as the lira continued to tumble for a fourth day. Bloomberg's Colleen Goko-Petzer reports on ...altro » Leggi

South African rand touches two-year low as lira woes spread - Financial Times

The South African rand touched a two-year low against the dollar on Monday as concerns over the Turkish lira's stability spread into investor sentiment on other emerging market currencies. The rand fell as much as 10.4 per cent to 15.5517 per dollar ... Leggi

5 important things happening in South Africa today - BusinessTech

South Africa's rand slumped on Wednesday as ratings agency Moody's warned that the pace of fiscal consolidation in Africa's most industrialised nation had slowed and retail sales data disappointed, underlining the fragility of the economy. On Thursday ... Leggi

Rand pushes past 14 to dollar as Turkey woes weigh on currency - Moneyweb.co.za

South Africa's rand weakened beyond 14 against the US dollar for the first time since a credit downgrade in November as Turkey's economic crisis sent investors fleeing from emerging-market assets. The rand extended its drop after US President Donald ... Leggi