This RSS feed URL is deprecated
UPDATE 1-South Africa's rand retreats after lending rate unchanged ... - Reuters
JOHANNESBURG, July 19 (Reuters) - South Africa's rand weakened on Thursday after the central bank kept lending rates unchanged but warned that risks to inflation were rising and the outlook for economic growth had worsened, extending a selloff from ...
South Africa's Rand underperforms After Reserve Bank Commentary - DailyFX
The sharp weakening of the rand yesterday see's the USD/ZAR breaking out of a short term wedge consolidation, to resume the short term uptrend in line with the longer term uptrend currently in place. The breakout is supported by the Stochastic ...altro »
Hawkish Turn at South Africa's Central Bank May Be Rand's Savior - Bloomberg
The rand gained 0.6 percent to 13.4577 per dollar by 10:51 a.m. in Johannesburg, paring its decline this week to 1.4 percent. The currency of Africa's most-industrialized economy has slumped 12 percent since the beginning of the second quarter amid an ...
South Africa's Secluded Whites-Only Orania Community is Testing a ... - CCN
Exclusively populated by Afrikaners, the town of Orania located in the remote parts of South Africa's Northern Cape Province, has had its own currency known as the Ora since 2004. Pegged to the rand, the Orania Chamber of Commerce has been responsible ...
4 reasons to be upbeat about the rand - BusinessTech - BusinessTech
The tide may have turned for South Africa's battered rand.
5 important things happening in South Africa today - BusinessTech
South Africa's rand weakened on Thursday after the central bank kept lending rates unchanged but warned that risks to inflation were rising and the outlook for economic growth had worsened, extending a selloff from earlier in the session. On Friday the ...
South Africa's rand retreats as bears await crucial events - Nasdaq
JOHANNESBURG, July 17 (Reuters) - South Africa's rand weakened on Tuesday, giving way to a recovering dollar and the return of bearish positioning ahead of consumer inflation and retail data that precede a central bank decision on lending rates. At ...altro »
South African rand recovers from hawkish cenbank comments ... - Reuters Africa
Having risen more than 1 percent earlier in the session, at 1540 GMT the rand was 0.65 percent firmer at 13.4525 per dollar. On Thursday it tumbled to a 2-week low of 13.6195 overnight after the Reserve Bank held benchmark interest rates and cut its ...
South Africa's rand weaker in cautious early trade - Nasdaq
JOHANNESBURG, July 17 (Reuters) - South Africa's rand weakened early on Tuesday, giving back the previous session's gains as some investors took profits ahead of key data releases later in the week. At 0700 GMT the rand was trading at 13.2250 to the ...altro »
South Africa's Rand Is Just About Where It Should Be, REER Shows - Bloomberg
The South African currency had been undervalued since 2013 before moving into overvalued territory this year as a change in the country's political leadership and economic outlook spurred an advance in the first quarter. But an emerging-market sell-off ...