Rand falls as SA current account deficit swells to 4.8%

52 minutes ago

The rand lost almost 1% against the US dollar after South Africa's current account deficit came in worse than expected and a lot worse that the previous quarter's print.

Asian markets edge up as calm returns but fears remain

2018-06-21 07:25

Asian markets edged up tentatively as a sense of stability returns after the turmoil earlier in the week, though investors remain alert to any signs of another flare up in the China-US trade spat.

US-China trade war batters emerging market stocks and currencies

2018-06-20 06:59

Emerging markets were left reeling as the world’s two biggest economies threatened punishing tariffs in the early shots of a trade war. Stocks slid to the lowest since October and currencies dropped a sixth day, Bloomberg reports.

Rand skids as US, China trade war flares

2018-06-18 17:12

The rand continued to trade at six-month lows on Monday, skidding more than 1.7% to the US dollar as global developments continued to weigh on the local currency.

Rand 'smiling' as it gains 1% against dollar after Fed interest rate hike

2018-06-14 13:44

The rand's strength was due to greater market certainty after the US Federal Reserve announcing a widely expected interest rate hike, say analysts.

Dollar picks up ahead of Fed but stocks mostly retreat

2018-06-13 14:22

The dollar has extended gains against its peers in Asian trade as investors await a key Federal Reserve decision, but most equity markets dipped.

Rand would be at R17/$ without Ramaphosa at the helm - Investec's Annabel Bishop

2018-06-11 16:44

The rand has been weakening over the past week, but the exchange rate would have been markedly worse without the 'Ramaphosa Presidency effect'.

Managing foreign exchange volatility

2018-06-11 13:55

Alison Barker, owner of FX Solutions Wealth, provides a health check on the rand and tips for managing foreign exchange volatility.

Pound starts tumultuous week on back foot after 'awful' data

2018-06-11 12:03

A crucial week for the pound has began on a bad note as the currency reversed gains after UK factory data cast doubts on the health of the economy.

Rand slumps 4% against dollar in two days

2018-06-08 17:14

Rand losses over the past two days underline how quickly emerging market currencies can unwind in unfavourable conditions, according to analysts.


Hong Kong stocks end morning with losses

2018-06-21 07:42

Hong Kong stocks reversed early gains to end the morning session in negative territory.

Asian markets mostly up but trade war fears keep dealers on edge

2018-06-20 08:14

Asian equities mostly rose but investors struggled to sustain any meaningful recovery after the previous day's battering, with the shadow of a potentially damaging China-US trade war hanging over markets.

Rand under 'massive pressure' as Trump drops next tariff bomb on China

2018-06-19 09:46

The rand lost 2% in early trade following news that US President Donald Trump is threatening new tariffs on Chinese imports.

Euro suffers further losses after ECB

2018-06-15 09:06

Euro selling has extended into Asia after the European Central Bank said it would hold off hiking interest rates at least for another year.

Traders hung up on Fed as emerging markets extend declines

2018-06-13 22:00

Stocks and currencies in emerging markets extended losses after the Federal Reserve raised interest rates and upgraded its forecast to four hikes in 2018, Bloomberg reported.

Rand weakens in early trade as markets await Fed, ECB meetings

2018-06-12 11:57

The rand lost 0.4% against the dollar on Tuesday morning, as emerging markets awaited the outcomes of meetings by the US Federal Reserve Bank and the European Central Bank.

The rand and four other currencies that are most exposed to emerging-market rout

2018-06-11 14:42

The rand saw a volatility gain of 42%, the biggest quarterly increase since June 2013

Rand sell-off intensifies amid higher US borrowing cost concerns - Nedbank

2018-06-11 12:14

The sell-off in the rand and emerging market currencies has increased amid concerns that emerging markets will face higher US borrowing costs, says Nedbank's Corporate and Investment Banking unit.

Emerging-market investors await Fed as North Korea meeting looms

2018-06-11 07:56

Emerging-market money managers are tiptoeing into Monday chastened by a week that saw two surprise interest-rate hikes, a market meltdown in Brazil and Argentina’s $50bn loan rescue.

Rand breaks through R13.20/$ as SA shows little chance of following suit on rates

2018-06-08 10:20

The rand extended a slump after breaching R13/$ for the first time since December as investors bet there’s little chance the SA Reserve Bank will follow emerging-market peers in raising interest rates.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.