Tag: Rand

SA: THE IMPACT OF RIOTS AND LOOTING ON THE RAND

THE rand continued to lose ground against the major currencies in evening trade on Tuesday, amid ongoing violence and looting…

South Africa’s Rand set for weekly gains, stocks fall

JOHANNESBURG – The rand fell on Friday, but it looked set for weekly gains as riskier currencies broadly received a…

MARKET WRAP: JSE lost gains as rand fades, after budget speech

After a positive initial reaction, both the JSE and the rand gave back gains after finance minister Tito Mboweni’s budget…

SA’s rand trade on the back foot after Repo rate remain unchanged

The South African currency lost traction ahead of the Sarb’s decision to maintain the benchmark interest rate at a record…

Markets: Rand retains momentum on the back of the US election

JOHANNESBURG – The South African rand retained positive momentum on the back of external factors –a Biden presidency – as…

Currencies: SA currency ‘back at pre-pandemic levels’

The Rand to Dollar exchange rate has been strongly impacted by developments from the US Election – and ZAR has…

Stocks and rand slump on risk off market sentiment

South African stocks kicked off Monday on the back foot, hitting their lowest in more than three months as rising…