Rand weakens

The rand has weakened, extending an overnight fall in New York after the US Federal Reserve signalled an end to its stimulus programme.

• Rand flat as investors hold out for Fed
• Weak rand boosts export demand
• Better than expected data boosts rand

Better than expected data boosts rand

The rand has been boosted by better than expected domestic economic data‚ ahead of the keenly awaited speech on the US economy by US Federal Reserve Chairman.

• SA's current account deficit narrows
• Rand remains weak ahead of US data
• Rand quiet ahead of Fed meeting

Gordhan warns of financial shockwaves

Finance Minister Pravin Gordhan says the revenue outlook could dim further if markets react adversely to an upcoming announcement by the US.

• Zuma: Don't blame the rand dip on me
• Gordhan: SA must act now or lose jobs
• Violent crime harms SA economy

Rand quiet ahead of Fed meeting

The rand has been slightly weaker against the dollar as the local market played catch-up after yesterday’s public holiday.

• Rand stays at R10/$ level
• Weak rand may impact SA business schools
• Motlanthe's mining pact and the rand

Rand sheds further value

The rand shed further value as rumours continued to drive a volatile market.

• Rand weaker on worries of global stimulus
• Rand strengthens through R10/$
• Rand volatile in cautious trade

Zuma: Don't blame the rand dip on me

President Jacob Zuma has denied being responsible for the sharp decline of the rand, while warning opposition parties of remarks that could harm the economy.

• Zuma did not make the rand tumble - ANC
• Rand rout: What government should do
• Zuma takes a drubbing for run on rand

Rand volatile in cautious trade

The rand has been volatile as investors refrained from making aggressive bets due to uncertainty over the US stimulus plan and a weak outlook for the SA economy.

• Global factors behind rand slump
• Rand shenanigans and you
• The weak rand and gold

India intervenes to stop rupee fall

India's central bank has intervened to curb the slide of the rupee after it skidded to new lifetime lows, a government official says.

• Indian banks to get tough on defaulters
• India hikes gold duty to stem demand
• Indian central bank holds rates

Global factors behind rand slump

Despite the South African economy doing very badly, global factors are the main contributors to the current volatility of the rand, analysts say.

• JSE plunges as rand extends weakness
• Weak rand woes
• Rand rout: What government should do

Rand shenanigans and you

Imraan Jakoet on the rand slide, the economy and your portfolio.

• The weak rand and gold
• Weak rand woes
• Rand firmer after Marcus speech

Rand hits 4-year low

The rand has dropped more than 1.5% to a four-year low as a global sell-off of commodity-linked currencies and emerging market assets intensified.

• Rand edges closer to new 4-year low
• Rand slips alongside commodity currencies
• Rand weakens on mine strike fears

Rand slips alongside commodity currencies

The rand has dropped more than 10c to the dollar‚ reaching a low of R10.2166 as weaker than expected data Chinese data weighed on commodity-based currencies.

• Rand weakens on mine strike fears
• Rand drifts weaker‚ US data in focus
• Bonds softer on weaker rand

Rand slides more than 1.7%

The rand has dropped more than 1.7% against the dollar, weighed down by the threat of more strikes in the mining sector.

• Rand drifts weaker‚ US data in focus
• Weak rand woes
• Bonds edge up after losses, rand steadies

Weak rand woes

SA businesses are counting the cost of global curency shifts.

Dollar subdued in Asia after weak data

The dollar has edged up against the yen Asia but downbeat US economic news weighed on the unit, while the euro held steady.

• Yen gains in Asian trade
• Dollar under pressure in Asia
• Strong dollar hits shares; Nikkei soars

Rand extends losses in volatile trade

The rand lost further ground against major currencies at noon‚ breaching R9.90/$‚ in volatile trading ahead of the US private sector jobs report.

• Sarb may revise SA's growth focus
• Bonds give back some gains, eye rand
• Marcus: Inflation targeting shields rand
• Uncertainty hampers confidence - Agri SA
• Rand continues to strengthen
• Rand weaker than fair value - analysts

Rand continues to strengthen

The rand has continued to strengthen against the dollar‚ gaining 15 cents against the greenback.

• Rand knocks Adcock Ingram
• Rand gains over 1.3% against dollar
• Rand recovers from oversold position

Rand gains over 1.3% against dollar

The rand has gained more than 1.3% against the dollar, reversing some of the sharp losses which saw it breach the R10/$ level for the first time in four years.

• Rand recovers from oversold position
• Rand steadies vs dollar
• Zuma did not make the rand tumble - ANC

Rand steadies vs dollar

The rand has steadied against the dollar and is likely to gain, rebounding from a sharp and dramatic fall that took it to four-year lows last week.

• Rand shows some muscle
• Rand rout: What government should do
• Zuma did not make the rand tumble - ANC

Rand shows some muscle

The rand has regained some lost ground in late trade after sliding to 10.28/$ earlier in the session.

• Rand plummets to record lows
• Rand hits R10/$
• Rand pauses on weaker dollar

Zuma missed opportunity - DA

The DA says President Jacob Zuma should have taken decisive steps to rectify mining strife as the rand fell to its lowest level in four years after his speech.

• Rand hits R10/$
• Zuma: South Africa needs you
• Gauteng must spend budget - DA

Rand takes breather, still eyes R10/$

The rand has broken a four-day decline, taking a slight breather from recent heavy selling that had brought it to a four-year low and within sight of key support at around R10/US$.

• Rand low won't last
• Rand rout: Mine unrest not to blame
• Sarb's list of worries builds

Rand weaker as foreigners sell bonds

The rand has continued to lose ground against the dollar as foreigners sold local bonds in response to worse than expected gross domestic product figures.

• Rand weakens on poor GDP data
• Rand slightly softer in subdued trade
• Rand under strain amid subdued trading

Asia stocks post modest gains

Asian stock markets have posted modest gains after US sees rising consumer confidence, painting a picture of a rebounding economy.

• Asia stocks gain, Tokyo remains volatile
• Rand weakens on poor GDP data
• Asian stocks mixed