Rand to remain highly volatile on Brexit victory - analysts

2016-06-24 09:55

Analysts have been shocked to see the rand dive more than the day Zuma fired former finance minister Nhlanhla Nene after the UK voted to leave the European Union.

Mizuho: Euro will strengthen in 2016 without Brexit

2016-06-23 10:30

The euro will strengthen this year no matter which way the UK votes in the referendum on its European Union membership, say currency forecasters.

Drought-hit Zim restricts imports to stem dollar outflow

2016-06-22 18:15

Zimbabwe has imposed restrictions on imports of a list of basic goods, mainly from South Africa, to protect local industries and stem an outflow of scarce dollars.

Pound approaches five-month high

2016-06-22 08:35

The pound has approached a five-month high against the dollar as bookmakers’ odds indicated a growing probability Britons will vote to remain in the European Union.

Fading Brexit fear fuels rand rise

2016-06-21 10:29

The rand has extended three days of gains against the dollar, as cautious optimism that Britons would vote to stay in the EU kept global risk appetite intact.

Rand firms as easing Brexit risk buoys emerging markets

2016-06-20 09:39

The rand has strengthened as much as 1.3% against the dollar, buoyed along with other emerging market currencies by lessening fears of UK voting to leave the EU.

Zimbabwe puts off paying army as dollar shortages bite

2016-06-19 13:20

Zimbabwe has postponed paying June's salaries for its army and security services as the government struggles to raise money for wages.

Rand back at pre-holiday levels after volatile Brexit trade

2016-06-17 09:15

The rand has stabilised to pre-holiday levels after a volatile session saw the unit touch R15.53/$ on Thursday.

Pound recovers as UK anti-EU vote hit by MP shooting

2016-06-17 07:34

The pound have risen with Asian stocks after the previous day's selloff, as the killing of a UK lawmaker led to canvassing for next week's EU referendum to be cancelled.

Dollar falls as Fed holds rates steady and pares forecasts

2016-06-16 09:23

The dollar has weakened after the Federal Reserve left interest rates on hold and pared back its growth and rate hike forecasts.


Yen soars past 100 per dollar as UK vote spurs rush to safety

2016-06-24 08:49

The yen has soared past 100 per dollar for the first time since November 2013 as Britons voted to quit the EU, spurring demand for 2016’s best-performing major currency.

Pound hits 2016 high as Britain gears up for Brexit vote

2016-06-23 07:24

The pound has rallied to its strongest level against the dollar this year, just hours before Britain's knife-edge vote on its future in the European Union kicks off.

Rand steady as caution prevails ahead of UK referendum

2016-06-22 10:03

The rand has pulled back from seven-week highs against the dollar, with traders and analysts expecting caution to prevail on the eve of the Brexit referendum.

Rand rallies to seven week high, stocks down

2016-06-21 19:43

The rand has edged up to its firmest in seven weeks, riding a wave of renewed global risk appetite as investors bet that Britons will vote to stay in the European Union.

Pound soars on easing Brexit fears

2016-06-21 07:33

The pound has soared against the dollar and euro on easing fears that Britain will vote to break with the EU, as recent polls showed growing support for staying in the EU.

Pound extends rally in Asia as Brexit fears ease

2016-06-20 07:35

The pound has extended its rally in Asian trade as investors swung their bets to Britain voting to remain in the European Union this week.

Pound rallies as Brexit fears ease

2016-06-19 09:55

The pound has rallied as investors swung their bets to Britain voting to remain in the European Union.

Yen surges as BoJ stands pat and Brexit worries mount

2016-06-17 07:38

The yen has surged to a 22-month high against the greenback after the Bank of Japan disappointed investors hoping for more stimulus for the tepid Japanese economy.

Global stocks slide as central banks fail to reassure

2016-06-16 14:15

Stocks have slid with commodities after US and Japan central banks increased concern about the global economic outlook, while gold and bonds rose on haven demand.

Rand most vulnerable to upheaval if UK leaves EU

2016-06-15 10:25

The rand is among emerging-market currencies most vulnerable to upheaval if Britain votes to leave the European Union, while the rouble stands to benefit most.

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