What has Turkey got to do with SA and the rand?

2018-08-16 18:13

Along with Turkey, Brazil, India and several other countries, SA is considered one of the more vulnerable emerging markets, says financial services company Levantine & Co.

Downbeat Moody's, Naspers add to perfect storm for rand

2018-08-15 17:32

The rand headed for its biggest drop against the dollar since 2016, buffeted by headwinds, including a downbeat view of the economy by Moody’s and a plunge in the biggest company on the JSE.

Emerging market rout eases after ‘manic Monday’ Turkey contagion

2018-08-14 08:36

Some emerging currencies rose in early Asia trading, with the rand adding 0.6% against the dollar and the Mexican peso climbing 0.1%.

Rand will rally - even though it's hit second-hardest, say analysts

2018-08-13 21:00

At present there's no reason to believe the rand won't "pull back" - although it has been badly hit, and the Ramaphoria honeymoon is over, say analysts from RMB.

Turkey's policy making paralysis promises more tumult in markets

2018-08-13 08:32

Turkey is set for another week of financial-market turmoil: its face-off with the US shows no sign of abating as the policy making vacuum grows.

Rand decline 'more complicated than domestic issues'

2018-08-12 18:29

Peregrine Treasury Solutions says emerging markets largely suffered severe blows due to the sale of riskier assets by global investors.

Rand breaches R14/dollar for first time this year

2018-08-10 16:19

The rand has dipped to its lowest level in nearly nine months, trading at R14.11 against the greenback by 15:56 on Friday.

Pound hits one-year low as UK growth pickup offset by Brexit

2018-08-10 12:01

The pound has stayed close to a more than one-year low against the dollar after data showing accelerating economic growth were offset by concerns about a no-deal Brexit.

Rand nears R14/$ as dollar firms to 13-month peak

2018-08-10 10:00

Emerging market currencies could not resist the effects of a strengthening dollar, with the rand, the rouble and the lira all falling.

Pound slips to lowest since November versus euro on no-deal fear

2018-08-08 13:21

The pound has slipped to the lowest level against the euro in almost nine months amid growing concern that the UK could end up leaving the EU with no agreement for future ties.


'Getting the dollar wrong is deadly': A rapid rise in the dollar could cause a domino effect across emerging markets

2018-08-16 10:45

A rallying dollar has been clobbered emerging market currencies this year, and analysts warn it could soon appreciate further and faster.

Rand firms by 2.5% against the dollar in early trade

2018-08-14 10:20

The rand, which reached its lowest level in two years on Monday to trade at R15.41/$, was on Tuesday morning again near the R14/$ mark.

SA Reserve Bank says rand drop is blip due to Turkey

2018-08-13 23:04

A jump in South Africa’s interest-rate bets may be little more than a reflection of the turmoil in Turkey.

Rand hit hard as traders brace for more Turkish turmoil

2018-08-13 14:45

The meltdown in the Turkish lira is finding its way into other markets with traders positioning for more turmoil for the rand.

Rand plunges in early trade in emerging market rout

2018-08-13 08:04

The rand plunged against the dollar in early trade as it continued to be dragged lower by the Turkish lira and Russian rouble.

Dollar 'on the front foot' as US CPI report reveals decade high

2018-08-10 18:57

Analysts have said the dollar is likely to maintain its strong footing, advising that the rand is likely to reach R14.50/$ in the short term.

Turkey lira crashes to new lows as market alarm grows

2018-08-10 14:49

Turkey's embattled lira has hit new record lows against the US dollar and euro, losing over 7% in value as strains with the US showed no sign of abating.

Turkey lira crashes to record lows in new onslaught

2018-08-10 11:06

Turkey's embattled lira on Friday hit new record lows against the US dollar and euro, losing 7% t in value as strains with the US showed no sign of easing.

A R2.1 billion corruption scandal in Argentina is roiling its financial markets

2018-08-09 07:49

Just as Argentina looked poised for a shot at economic recovery, a corruption scandal is roiling the embattled country.

Rand steady in early trade as SA readies for Women's Day

2018-08-08 11:05

The rand was steady in early trade on Wednesday, with analysts expecting a day of quiet trade ahead of Women's Day on Thursday.

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