Rand crash – here’s why South Africa is back to R19 to the dollar

[ad_1] While the rest of South Africa took a mid-week breather to celebrate Women’s Day, the rand continued to weaken against the dollar, breaking through the R19/$ barrier once again.…

Reserve Bank talks ‘digital rand’ and crypto in South Africa

[ad_1] Regulators have made positive strides in bringing crypto-assets within the regulatory perimeter, says the South African Reserve Bank (SARB). This comes as the central bank continues its investigation and…

South Africa’s rand starts week on front foot

[ad_1] JOHANNESBURG: The South African rand edged up in early trade on Monday, building on gains from the previous week, but trading was expected to be cautious this week ahead…

South African rand strengthens despite lacklustre PMI

[ad_1] JOHANNESBURG, June 5 (Reuters) – The South African rand gained more than 1% against the dollar on Monday, despite an economic survey that showed business activity was at an…

South African rand little changed ahead of PMI data

[ad_1] JOHANNESBURG, June 5 (Reuters) – The South African rand was little changed in early trade on Monday ahead of an economic survey that could shed light on the business…

The ‘R’ Club Dare to U.S. Dollar

[ad_1] THE RUSSIA-UKRAINE WAR, burgeoning debt of advanced nations and rising inflation in the West have turned Mission Impossible into a mission that might be possible. The U.S. dollar, which…

South African rand falls after PMI shows business decline

[ad_1] JOHANNESBURG, Feb 3 (Reuters) – The South African rand fell against the dollar on Friday, after the release of a whole-economy survey that showed business activity shrinking in Africa’s…

Rand starts week on back foot as dollar gains

[ad_1] The rand fell in early trade on Monday as the dollar advanced, at the start of a week where trading could be thinner and market conditions more volatile because…

South African rand edges higher ahead of PMI data

[ad_1] JOHANNESBURG, April 5 (Reuters) – South Africa’s rand edged higher on Wednesday ahead of the release of an economic survey that is expected to shed light on the business…

Rand edges higher ahead of PMI data

[ad_1] The rand edged higher on Wednesday ahead of the release of an economic survey that is expected to shed light on the business conditions in Africa’s most industrialised economy.…